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U.S. Senators Grilled Social Media CEOs. Will Anything Change?

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Feb 13, 2024
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ANECDOTE

Parents' Emotional Protest

  • Parents at the hearing held photos of their children harmed or killed due to social media abuse, expressing clear rage.
  • This intense display set a powerful emotional tone for the Senate hearing.
INSIGHT

Zuckerberg's Unusual Apology

  • Mark Zuckerberg publicly apologized to families of children harmed on social media, a rare CEO moment.
  • This marked a shift as the Senate demanded more accountability from tech companies.
INSIGHT

Meta's Profit Moves vs. Safety Cuts

  • Meta announced a huge stock buyback, dividend, and a 50% increase in employee bonuses right after the hearing.
  • This contrasted with announced cuts to trust and safety teams, signaling prioritization of profit over child safety.
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