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CEOs of Meta, TikTok, X, Snap and Discord testify at hearing on child safety

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Mark Zuckerberg, Linda Yaccarino, Evan Spiegel and other leading social media executives are facing a grilling from lawmakers concerned about child exploitation and safety on their services.

The three CEOs—who lead Meta, X (formerly known as Twitter) and Snap, respectively—are in Washington on Wednesday alongside TikTok CEO Shou Zi Chew and Discord CEO Jason Citron, as witnesses at a Senate Judiciary Committee hearing about safeguarding children on their respective platforms.

Lawmakers from both sides of the aisle have blasted the companies for failing to properly address what some have called a “plague of online child sexual exploitation” on social media apps. The goal of the hearing is to inform legislation that members of Congress believe is needed to compel the firms to do more to protect children on their platforms.

“Mr. Zuckerberg, you have blood on your hand,” said Sen. Lindsey Graham, R-S.C in an opening statement that drew applause.

Judiciary Committee Ranking Member U.S. Senator Lindsey Graham (R-SC) speaks, during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024.
Nathan Howard | Reuters

In November, committee chairman Sen. Dick Durbin, D-Ill., and ranking member Graham said that they issued subpoenas to Yaccarino, Spiegel and Citron to testify at the hearing.

Wednesday’s hearing is focused specifically on issues pertaining to child exploitation and the prevalence of child sexual abuse material on social media. But the overarching theme is that these under regulated tech companies have designed and built platforms that are addictive, and which damage the mental well-being of children and young adults.

So far, news of the Senate hearing and related child-safety lawsuits haven’t caused too much concern to investors in companies like Meta, likely because these firms are unlikely to be financially impacted in the near term. Any proposed regulation of these social networking firms will require time to pass in Congress and come into effect, if it happens at all.

Meta’s CEO Mark Zuckerberg stands and faces the audience as he testifies during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024.
Evelyn Hockstein | Reuters

In recent months, Meta has been hit with a number of lawsuits related to the well-being of children on its apps like Facebook and Instagram. New Mexico’s attorney general filed a civil suit against Meta in December, alleging that the company’s apps are enabling sexual predators to exploit children and distribute CSAM and that the company failed to address the problem because its leadership was more focused on growth.

That lawsuit was filed shortly after a bipartisan group of over 40 attorneys general filed a joint federal lawsuit alleging that Meta knowingly designed addictive apps that are detrimental to children’s mental health and have contributed to problems like teenage eating disorders.

Meanwhile, Meta, Snap, TikTok and Alphabet (via it’s Google YouTube unit), face ongoing multi-district litigation involving a coalition of school districts and individuals who also allege the companies’ products are addictive and harmful to the mental well-being of children and young adults.

(L-R) Shou Zi Chew, CEO of TikTok, Linda Yaccarino, CEO of X, and Mark Zuckerberg, CEO of Meta testify before the Senate Judiciary Committee at the Dirksen Senate Office Building on January 31, 2024 in Washington, DC.
Alex Wong | Getty Images

One of the bills that lawmakers are proposing as a possible solution to child exploitation problems includes the Stop CSAM Act, which would let victims of online child sexual exploitation sue “tech platforms and app stores that promoted or facilitated the exploitation, or that host or store CSAM or make it available,” according to the Senate Judiciary Committee.

Lawmakers have also been pushing the Kids Online Safety Act (KOSA), which would establish a so-called “duty of care” for tech firms that requires them to provide more parental controls and undergo annual audits intended to asses their platform risks to children and young adults, among other tasks.

Still, privacy advocates like the Electronic Frontier Foundation and the American Civil Liberties Union have voiced concerns over these proposed bills, and are worried that they could lead to the censorship of reproductive rights and other sexual health and orientation information and potentially compromise the privacy of minors via unnecessary surveillance.

The social media executives are detailing their efforts combating child exploitation on their platforms, which include working with law enforcement and tasks like proactively identifying potential predators.

Watch: Early Meta platforms investor Brad Gerstner tackles big tech ahead of key earnings week

Zuckerberg described Meta’s online child safety related efforts, emphasizing that the company has around “40,000 people overall working on safety and security” and that the company has invested over $20 billion on those efforts since 2016.

Zuckerberg said that Meta invested $5 billion in 2023 alone on these safety efforts.

“We’re committed to protecting young people from abuse on our services, but this is an ongoing
challenge,” Zuckerberg said. “As we improve defenses in one area, criminals shift their tactics, and we have to come up with new responses. We’ll continue working with parents, experts, industry peers, and Congress to try to improve child safety, not just on our services, but across the internet as a whole.”

People hold placards as co-founder and CEO of Snap Inc. Evan Spiegel attends the a Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024.
Evelyn Hockstein | Reuters

Spiegel detailed some of the initiatives Snap has undertaken to safeguard children on its messaging platform. Spiegel, differing from Zuckerberg, also pledged support for KOSA and the Cooper Davis Act, which would require communications firms to report instances involving of various drug-related offenses to the Drug Enforcement Administration.

“We support this legislation, not only in word, but in deed, and we have worked to ensure our service lives up to the legislative requirements before they are formal, legal obligations,” Spiegel said. “This includes limiting who can communicate with teens to friends and contacts only, offering in-app parental tools, proactively identifying and removing harmful content, and referring lethal drug content to law enforcement.”

TikTok’s CEO Shou Zi Chew testifies during the Senate Judiciary Committee hearing on online child sexual exploitation, at the U.S. Capitol, in Washington, U.S., January 31, 2024.
Nathan Howard | Reuters

Chew also echoed some of Zuckerberg’s comments, saying in his opening statement that “safety is one of the core priorities that defines TikTock under my leadership.”

“We currently have more than 40,000 trust and safety professionals working to protect our community globally,” Chew said. “And we expect to invest more than $2 billion in trust and safety efforts this year alone.”

Like Spiegel, Yaccarino voiced support for KOSA during her opening statement, while also saying she supports the Stop CSAM Act.

X Corp’s CEO Linda Yaccarino testifies during the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, U.S., January 31, 2024.
Nathan Howard | Reuters

Meta CFO Susan Li previously said in July that there are “broadly speaking, increasing legal and regulatory headwinds in the EU and the US that could significantly impact our business and our financial results.” But so far, those “regularly headwinds” haven’t impacted the company’s sales too much, and investors have been mostly pleased with the company’s cost-cutting efforts that have helped the company’s shares reach a record high earlier in January.

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What to stream this weekend: ‘Civil War,’ Snow Patrol, ‘How to Die Alone,’ ‘Tulsa King’ and ‘Uglies’

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Hallmark launching a streaming service with two new original series, and Bill Skarsgård out for revenge in “Boy Kills World” are some of the new television, films, music and games headed to a device near you.

Also among the streaming offerings worth your time as selected by The Associated Press’ entertainment journalists: Alex Garland’s “Civil War” starring Kirsten Dunst, Natasha Rothwell’s heartfelt comedy for Hulu called “How to Die Alone” and Sylvester Stallone’s second season of “Tulsa King” debuts.

NEW MOVIES TO STREAM SEPT. 9-15

Alex Garland’s “Civil War” is finally making its debut on MAX on Friday. The film stars Kirsten Dunst as a veteran photojournalist covering a violent war that’s divided America; She reluctantly allows an aspiring photographer, played by Cailee Spaeny, to tag along as she, an editor (Stephen McKinley Henderson) and a reporter (Wagner Moura) make the dangerous journey to Washington, D.C., to interview the president (Nick Offerman), a blustery, rising despot who has given himself a third term, taken to attacking his citizens and shut himself off from the press. In my review, I called it a bellowing and haunting experience; Smart and thought-provoking with great performances. It’s well worth a watch.

— Joey King stars in Netflix’s adaptation of Scott Westerfeld’s “Uglies,” about a future society in which everyone is required to have beautifying cosmetic surgery at age 16. Streaming on Friday, McG directed the film, in which King’s character inadvertently finds herself in the midst of an uprising against the status quo. “Outer Banks” star Chase Stokes plays King’s best friend.

— Bill Skarsgård is out for revenge against the woman (Famke Janssen) who killed his family in “Boy Kills World,” coming to Hulu on Friday. Moritz Mohr directed the ultra-violent film, of which Variety critic Owen Gleiberman wrote: “It’s a depraved vision, yet I got caught up in its kick-ass revenge-horror pizzazz, its disreputable commitment to what it was doing.”

AP Film Writer Lindsey Bahr

NEW MUSIC TO STREAM SEPT. 9-15

— The year was 2006. Snow Patrol, the Northern Irish-Scottish alternative rock band, released an album, “Eyes Open,” producing the biggest hit of their career: “Chasing Cars.” A lot has happened in the time since — three, soon to be four quality full-length albums, to be exact. On Friday, the band will release “The Forest Is the Path,” their first new album in seven years. Anthemic pop-rock is the name of the game across songs of love and loss, like “All,”“The Beginning” and “This Is the Sound Of Your Voice.”

— For fans of raucous guitar music, Jordan Peele’s 2022 sci-fi thriller, “NOPE,” provided a surprising, if tiny, thrill. One of the leads, Emerald “Em” Haywood portrayed by Keke Palmer, rocks a Jesus Lizard shirt. (Also featured through the film: Rage Against the Machine, Wipers, Mr Bungle, Butthole Surfers and Earth band shirts.) The Austin noise rock band are a less than obvious pick, having been signed to the legendary Touch and Go Records and having stopped releasing new albums in 1998. That changes on Friday the 13th, when “Rack” arrives. And for those curious: The Jesus Lizard’s intensity never went away.

AP Music Writer Maria Sherman

NEW SHOWS TO STREAM SEPT. 9-15

— Hallmark launched a streaming service called Hallmark+ on Tuesday with two new original series, the scripted drama “The Chicken Sisters” and unscripted series “Celebrations with Lacey Chabert.” If you’re a Hallmark holiday movies fan, you know Chabert. She’s starred in more than 30 of their films and many are holiday themed. Off camera, Chabert has a passion for throwing parties and entertaining. In “Celebrations,” deserving people are surprised with a bash in their honor — planned with Chabert’s help. “The Chicken Sisters” stars Schuyler Fisk, Wendie Malick and Lea Thompson in a show about employees at rival chicken restaurants in a small town. The eight-episode series is based on a novel of the same name.

Natasha Rothwell of “Insecure” and “The White Lotus” fame created and stars in a new heartfelt comedy for Hulu called “How to Die Alone.” She plays Mel, a broke, go-along-to-get-along, single, airport employee who, after a near-death experience, makes the conscious decision to take risks and pursue her dreams. Rothwell has been working on the series for the past eight years and described it to The AP as “the most vulnerable piece of art I’ve ever put into the world.” Like Mel, Rothwell had to learn to bet on herself to make the show she wanted to make. “In the Venn diagram of me and Mel, there’s significant overlap,” said Rothwell. It premieres Friday on Hulu.

— Shailene Woodley, DeWanda Wise and Betty Gilpin star in a new drama for Starz called “Three Women,” about entrepreneur Sloane, homemaker Lina and student Maggie who are each stepping into their power and making life-changing decisions. They’re interviewed by a writer named Gia (Woodley.) The series is based on a 2019 best-selling book of the same name by Lisa Taddeo. “Three Women” premieres Friday on Starz.

— Sylvester Stallone’s second season of “Tulsa King” debuts Sunday on Paramount+. Stallone plays Dwight Manfredi, a mafia boss who was recently released from prison after serving 25 years. He’s sent to Tulsa to set up a new crime syndicate. The series is created by Taylor Sheridan of “Yellowstone” fame.

Alicia Rancilio

NEW VIDEO GAMES TO PLAY

— One thing about the title of Focus Entertainment’s Warhammer 40,000: Space Marine 2 — you know exactly what you’re in for. You are Demetrian Titus, a genetically enhanced brute sent into battle against the Tyranids, an insectoid species with an insatiable craving for human flesh. You have a rocket-powered suit of armor and an arsenal of ridiculous weapons like the “Chainsword,” the “Thunderhammer” and the “Melta Rifle,” so what could go wrong? Besides the squishy single-player mode, there are cooperative missions and six-vs.-six free-for-alls. You can suit up now on PlayStation 5, Xbox X/S or PC.

— Likewise, Wild Bastards isn’t exactly the kind of title that’s going to attract fans of, say, Animal Crossing. It’s another sci-fi shooter, but the protagonists are a gang of 13 varmints — aliens and androids included — who are on the run from the law. Each outlaw has a distinctive set of weapons and special powers: Sarge, for example, is a robot with horse genes, while Billy the Squid is … well, you get the idea. Australian studio Blue Manchu developed the 2019 cult hit Void Bastards, and this Wild-West-in-space spinoff has the same snarky humor and vibrant, neon-drenched cartoon look. Saddle up on PlayStation 5, Xbox X/S, Nintendo Switch or PC.

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Trump could cash out his DJT stock within weeks. Here’s what happens if he sells

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Former President Donald Trump is on the brink of a significant financial decision that could have far-reaching implications for both his personal wealth and the future of his fledgling social media company, Trump Media & Technology Group (TMTG). As the lockup period on his shares in TMTG, which owns Truth Social, nears its end, Trump could soon be free to sell his substantial stake in the company. However, the potential payday, which makes up a large portion of his net worth, comes with considerable risks for Trump and his supporters.

Trump’s stake in TMTG comprises nearly 59% of the company, amounting to 114,750,000 shares. As of now, this holding is valued at approximately $2.6 billion. These shares are currently under a lockup agreement, a common feature of initial public offerings (IPOs), designed to prevent company insiders from immediately selling their shares and potentially destabilizing the stock. The lockup, which began after TMTG’s merger with a special purpose acquisition company (SPAC), is set to expire on September 25, though it could end earlier if certain conditions are met.

Should Trump decide to sell his shares after the lockup expires, the market could respond in unpredictable ways. The sale of a substantial number of shares by a major stakeholder like Trump could flood the market, potentially driving down the stock price. Daniel Bradley, a finance professor at the University of South Florida, suggests that the market might react negatively to such a large sale, particularly if there aren’t enough buyers to absorb the supply. This could lead to a sharp decline in the stock’s value, impacting both Trump’s personal wealth and the company’s market standing.

Moreover, Trump’s involvement in Truth Social has been a key driver of investor interest. The platform, marketed as a free speech alternative to mainstream social media, has attracted a loyal user base largely due to Trump’s presence. If Trump were to sell his stake, it might signal a lack of confidence in the company, potentially shaking investor confidence and further depressing the stock price.

Trump’s decision is also influenced by his ongoing legal battles, which have already cost him over $100 million in legal fees. Selling his shares could provide a significant financial boost, helping him cover these mounting expenses. However, this move could also have political ramifications, especially as he continues his bid for the Republican nomination in the 2024 presidential race.

Trump Media’s success is closely tied to Trump’s political fortunes. The company’s stock has shown volatility in response to developments in the presidential race, with Trump’s chances of winning having a direct impact on the stock’s value. If Trump sells his stake, it could be interpreted as a lack of confidence in his own political future, potentially undermining both his campaign and the company’s prospects.

Truth Social, the flagship product of TMTG, has faced challenges in generating traffic and advertising revenue, especially compared to established social media giants like X (formerly Twitter) and Facebook. Despite this, the company’s valuation has remained high, fueled by investor speculation on Trump’s political future. If Trump remains in the race and manages to secure the presidency, the value of his shares could increase. Conversely, any missteps on the campaign trail could have the opposite effect, further destabilizing the stock.

As the lockup period comes to an end, Trump faces a critical decision that could shape the future of both his personal finances and Truth Social. Whether he chooses to hold onto his shares or cash out, the outcome will likely have significant consequences for the company, its investors, and Trump’s political aspirations.

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Arizona man accused of social media threats to Trump is arrested

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Cochise County, AZ — Law enforcement officials in Arizona have apprehended Ronald Lee Syvrud, a 66-year-old resident of Cochise County, after a manhunt was launched following alleged death threats he made against former President Donald Trump. The threats reportedly surfaced in social media posts over the past two weeks, as Trump visited the US-Mexico border in Cochise County on Thursday.

Syvrud, who hails from Benson, Arizona, located about 50 miles southeast of Tucson, was captured by the Cochise County Sheriff’s Office on Thursday afternoon. The Sheriff’s Office confirmed his arrest, stating, “This subject has been taken into custody without incident.”

In addition to the alleged threats against Trump, Syvrud is wanted for multiple offences, including failure to register as a sex offender. He also faces several warrants in both Wisconsin and Arizona, including charges for driving under the influence and a felony hit-and-run.

The timing of the arrest coincided with Trump’s visit to Cochise County, where he toured the US-Mexico border. During his visit, Trump addressed the ongoing border issues and criticized his political rival, Democratic presidential nominee Kamala Harris, for what he described as lax immigration policies. When asked by reporters about the ongoing manhunt for Syvrud, Trump responded, “No, I have not heard that, but I am not that surprised and the reason is because I want to do things that are very bad for the bad guys.”

This incident marks the latest in a series of threats against political figures during the current election cycle. Just earlier this month, a 66-year-old Virginia man was arrested on suspicion of making death threats against Vice President Kamala Harris and other public officials.

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