"[T]he level of scrutiny has increased exponentially and we've been too slow to respond"

"Youth is one of the more acute social issue challenges we face right now with a level of external scrutiny that has increased substantially over the last 6 or so months." "We are facing over 1000 lawsuits from AGs, school districts and parents alleging that social media companies purposely make their apps addictive to grow their teen audiences, at the detriment of teen safety and mental health." "We've seen investigative reports about alleged child harm (pedophile networks)." "However, the level of scrutiny has increased exponentially and we've been too slow to respond."