Demonstrators held a giant inflatable angry emoji during a protest outside Facebook's annual board meeting held in Menlo Park, California, U.S. on Thursday to express their anger towards the company's privacy scandals and rein in fake news and hate speech. /VCG Photo

The protesters carrying the 2.5-meter big emoji balloon said the company failed to protect its users, particularly the minorities, from hate speech and other abuses. /VCG Photo

The social media giant has been facing demands for a reform of the company's voting structure and the ousting of the company's chairman Mark Zuckerberg by some of its shareholders. /VCG Photo

However, the proposals had little effect as the company's dual-class structure gave Zuckerberg and other insiders about 58 percent control of the votes. /VCG Photo

Zuckerberg refused to respond to a shareholder's question on why he would agree to create an independent board chair while restating his view that regulators should set the rules for companies around privacy and content, reported Reuters. /VCG Photo