Twitter, Meta See NY State Comptroller's Anger For Inadequate Content Moderation

• New York State Comptroller Thomas DiNapoli has sought votes against directors at Twitter Inc (NYSE:TWTR) and Facebook parent Meta Platforms Inc (NASDAQ:FB) at their upcoming annual meetings, Reuters reports.
• Twitter and Meta's failure to tackle harmful content, including a mass shooting in Buffalo, N.Y., has led to the call.
• Thomas DiNapoli, who oversees New York's pension fund, alleged the companies did not remove video clips and screenshots of the shooter's live stream and his alleged racist manifesto from their platforms.
• DiNapoli said that such gaps help radicalize individuals and lead to calls for further social media regulation.
• Both the companies had expressed their efforts toward tackling harmful content.
• Price Action: FB shares traded higher by 0.60% at $194.70 in the premarket on the last check Monday.