KEY POINTS
  • Executives from Meta, X, TikTok, Snap and Discord are testifying before the Senate Judiciary Committee about safeguarding children on their respective platforms.
  • Lawmakers from both sides of the aisle have blasted the companies, saying they have failed to properly address a "plague of online child sexual exploitation" on the social media apps.
  • So far, child-safety haven't caused too much concern to investors in companies such as Meta, which is trading near a record.

Meta CEO Mark Zuckerberg, facing pressure from lawmakers during a Senate hearing on Wednesday, apologized to parents, who say their kids suffered or even died due to content on Facebook's platforms.

"I'm sorry for everything you've all gone through. It's terrible," Zuckerberg said, after turning to the audience and away from his microphone. "No one should have to go through the things that your families have suffered."