A major New York pension fund that has invested in both Facebook’s corporate parent and Twitter believes it’s time to shake up the companies’ boards of directors because of their inability to keep violent content off their influential social media services.
The New York State Common Retirement Fund outlined its grievances with Facebook owner Meta Platforms and Twitter in separate May 19 letters that were filed Monday with the Securities and Exchange Commission in advance of the companies’ annual shareholder meetings.
The letters from New York Comptroller Thomas P. DiNapoli chastised Facebook and Twitter for failing to prevent the distribution of a video clips and screen shootings of the
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