Summary by Moomoo AI
On May 24, 2024, the Anti-Defamation League (ADL) and JLens submitted a Proxy Memorandum to Meta Platforms, Inc. shareholders, urging them to vote FOR Proposal Eleven in the upcoming proxy statement. This proposal calls for Meta's Board of Directors to adopt targets and publish an annual report on the company's global performance in improving child safety and reducing harm to children on its platforms. The ADL and JLens highlight the urgent need for Meta, as the world's largest social media company, to lead in protecting young users from online hate, harassment, and exploitation. The memorandum cites a survey showing significant online harassment experienced by teens, particularly on Facebook and Instagram, and notes the lack of quantitative metrics in Meta's current reporting. The ADL and JLens argue that the requested report would provide transparency and accountability, enabling shareholders to assess Meta's child safety efforts effectively.