Media
Social media giants YouTube, TikTok, Snap questioned at Senate hearing over kids’ safety – Global News
Bearing down on hugely popular social media platforms and their impact on children, the leaders of a Senate panel have called executives from YouTube, TikTok and Snapchat to face questions on what their companies are doing to ensure young users’ safety.
The Senate Commerce subcommittee on consumer protection is fresh off a highly charged hearing with a former Facebook data scientist, who laid out internal company research showing that the company’s Instagram photo-sharing service appears to seriously harm some teens.
The panel is widening its focus to examine other tech platforms, with millions or billions of users, that also compete for young people’s attention and loyalty.
The three executives — Michael Beckerman, a TikTok vice president and head of public policy for the Americas; Leslie Miller, vice president for government affairs and public policy of YouTube’s owner Google; and Jennifer Stout, vice president for global public policy of Snapchat parent Snap Inc. — are due to appear at a subcommittee hearing Tuesday.
The three platforms are woven into the fabric of young people’s lives, often influencing their dress, dance moves and diet, potentially to the point of obsession. Peer pressure to get on the apps is strong. Social media can offer entertainment and education, but platforms have been misused to harm children and promote bullying, vandalism in schools, eating disorders and manipulative marketing, lawmakers say.
“We need to understand the impact of popular platforms like Snapchat, TikTok and YouTube on children and what companies can do better to keep them safe,” Sen. Richard Blumenthal, D-Conn., the subcommittee’s chairman, said in a statement.
The panel wants to learn how algorithms and product designs can magnify harm to children, foster addiction and intrusions of privacy, Blumenthal says. The aim is to develop legislation to protect young people and give parents tools to protect their children.
The video platform TikTok, wildly popular with teens and younger children, is owned by the Chinese company ByteDance. In only five years since launching, it has gained an estimated 1 billion monthly users.
TikTok denies allegations, most notably from conservative Republican lawmakers, that it operates at the behest of the Chinese government and provides it with users’ personal data. The company says it stores all TikTok U.S. data in the United States. The company also rejects criticisms of promoting harmful content to children.
TikTok says it has tools in place, such as screen time management, to help young people and parents moderate how long children spend on the app and what they see. The company says it focuses on age-appropriate experiences, noting that some features, such as direct messaging, are not available to younger users.
Early this year after federal regulators ordered TikTok to disclose how its practices affect children and teenagers, the platform tightened its privacy practices for the under-18 crowd.
A separate House committee has investigated video service YouTube Kids this year. Lawmakers said the YouTube offshoot feeds children inappropriate material in “a wasteland of vapid, consumerist content” so it can serve ads to them. The app, with both video hosting and original shows, is available in about 70 countries.
A panel of the House Oversight and Reform Committee told YouTube CEO Susan Wojcicki that the service doesn’t do enough to protect children from potentially harmful material. Instead it relies on artificial intelligence and self-policing by content creators to decide which videos make it onto the platform, the panel’s chairman said in a letter to Wojcicki.
Parent company Google agreed to pay $170 million in 2019 settlements with the Federal Trade Commission and New York state of allegations that YouTube collected personal data on children without their parents’ consent.
Despite changes made after the settlements, the lawmaker’s letter said, YouTube Kids still shows ads to children.
YouTube says it has worked to provide children and families with protections and parental controls like time limits, to limit viewing to age-appropriate content. It emphasizes that the 2019 settlements involved the primary YouTube platform, not the kids’ version.
“We took action on more than 7 million accounts in the first three quarters of 2021 when we learned they may belong to a user under the age of 13 — 3 million of those in the third quarter alone — as we have ramped up our automated removal efforts,” Miller, the Google vice president, says in written testimony prepared for the hearing.
Snap Inc.’s Snapchat service allows people to send photos, videos and messages that are meant to quickly disappear, an enticement to its young users seeking to avoid snooping parents and teachers. Hence its “Ghostface Chillah” faceless (and word-less) white logo.
Only 10 years old, Snapchat says an eye-popping 90% of 13- to 24-year-olds in the U.S. use the service. It reported 306 million daily users in the July-September quarter.
The company agreed in 2014 to settle the FTC’s allegations that it deceived users about how effectively the shared material vanished and that it collected users’ contacts without telling them or asking permission. The messages, known as “snaps,” could be saved by using third-party apps or other ways, the regulators said.
Snapchat wasn’t fined but agreed to establish a privacy program to be monitored by an outside expert for the next 20 years — similar to oversight imposed on Facebook, Google and Myspace in privacy settlements in recent years.
© 2021 The Canadian Press
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The British Columbia government is putting its proposed online harms legislation on hold after reaching an agreement with some of the largest social media platforms to increase safety online.
Premier David Eby says in a joint statement with representatives of the firms Meta, TikTok, X and Snapchat that they will form an online safety action table, where they’ll discuss “tangible steps” toward protecting people from online harms.
Eby added the proposed legislation remains, and the province will reactivate it into law if necessary.
“The agreement that we’ve struck with these companies is that we’re going to move quickly and effectively, and that we need meaningful results before the end of the term of this government, so that if it’s necessary for us to bring the bill back then we will,” Eby said Tuesday.
The province says the social media companies have agreed to work collaboratively with the province on preventing harm, while Meta will also commit to working with B.C.’s emergency management officials to help amplify official information during natural disasters and other events.
The announcement to put the Bill 12, also known as the Public Health Accountability and Cost Recovery Act, on hold is a sharp turn for the government, after Eby announced in March that social media companies were among the “wrongdoers” that would pay for health-related costs linked to their platforms.
At the time, Eby compared social media harms to those caused by tobacco and opioids, saying the legislation was similar to previous laws that allowed the province to sue companies selling those products.
Eby said one of the key drivers for legislation targeting online harm was the death of Carson Cleland, the 12-year-old Prince George, B.C., boy who died by suicide last October after falling victim to online sextortion.
“In the real world we would never allow a company to set up a space for kids where grown adults could be invited in to contact them, encourage them to share photographs and then threaten to distribute those photographs to their family and friends,” Eby said when announcing the legislation.
The premier said previously that companies would be shut down and their owners would face jail terms if their products were connected to harms to young people.
In announcing the pause, the province says that bringing social media companies to the table for discussion achieves the same purpose of protecting youth from online harm.
“Our commitment to every parent is that we will do everything we can to keep their families safe online and in our communities,” said Eby.
Ryan Cleland, Carson’s father, said in a statement on Tuesday that he “has faith” in Eby and the decision to suspend the legislation.
“I don’t think he is looking at it from a political standpoint as much as he is looking at it as a dad,” he said of Eby. “I think getting the social media giants together to come up with a solution is a step in the right direction.”
Business groups were opposed
On Monday, the opposition B.C. United called for a pause to Bill 12, citing potential “serious legal and economic consequences for local businesses.”
Opposition Leader Kevin Falcon said in a statement that his party pushed Eby’s government to change course, noting the legislation’s vague language on who the province can sue “would have had severe unintended consequences” for local businesses and the economy.
“The government’s latest retreat is not only a win for the business community but for every British Columbian who values fairness and clarity in the law,” Falcon said.
The Greater Vancouver Board of Trade said they are pleased to see the legislation put on hold, given the “potential ramifications” of the proposal’s “expansive interpretation.”
“We hope that the government chooses not to pursue Bill 12 in the future,” said board president and CEO Bridgitte Anderson in a statement. “Instead, we would welcome the opportunity to work with the government to develop measures that are well-targeted and effective, ensuring they protect British Columbians without causing unintended consequences.”
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Donald Trump is set to secure on Tuesday a stock bonus worth US$1.3-billion from the company that operates his social media app Truth Social (DJT-Q), equivalent to about half the majority stake he already owns in it, thanks to the wild rally in its shares.
The award will take the former U.S. president’s overall stake in the company, Trump Media & Technology Group (TMTG), to US$4.1-billion.
While Mr. Trump has agreed not to sell any of his TMTG shares before September, the windfall represents a significant boost to his wealth, which Forbes pegs at US$4.7-billion.
Unlike much of his real estate empire, shares are easy to divest in the stock market and could come in handy as Mr. Trump’s legal fees and fines pile up, including a US$454.2-million judgment in his New York civil fraud case he is appealing.
The bonus also reflects the exuberant trading in TMTG’s shares, which have been on a roller coaster ride since the company listed on Nasdaq last month through a merger with a special purpose acquisition company (SPAC) and was snapped up by Trump supporters and speculators.
Mr. Trump will be entitled to the stock bonus under the terms of the SPAC deal once TMTG’s shares stay above US$17.50 for 20 trading days after the company’s March 26 listing. They ended trading on Monday at US$35.50, and they would have to lose more than half their value on Tuesday for Mr. Trump to miss out.
TMTG’s current valuation of approximately US$5-billion is equivalent to about 1,220 times the loss-making company’s revenue in 2023 of US$4.1-million.
No other U.S. company of similar market capitalization has such a high valuation multiple, LSEG data shows. This is despite TMTG warning investors in regulatory filings that its operational losses raise “substantial doubt” about its ability to remain in business.
A TMTG spokesperson declined to comment on the stock award to Mr. Trump. “With more than $200 million in the bank and zero debt, Trump Media is fulfilling all its obligations related to the merger and rapidly moving forward with its business plan,” the spokesperson said.
While Mr. Trump’s windfall is rich for a small, loss-making company like TMTG, the earnout structure that allows it is common. According to a report from law firm Freshfields Bruckhaus Deringer, stock earnouts for management were seen in more than half the SPAC mergers completed in 2022.
However, few executives clinch these earnout bonuses because many SPAC deals end up performing poorly in the stock market, said Freshfields securities lawyer Michael Levitt. TMTG’s case is rare because its shares are trading decoupled from its business prospects.
“Many earnouts in SPACs are never satisfied because many SPAC prices fall significantly after the merger is completed,” Mr. Levitt said.
To be sure, TMTG made it easier for Mr. Trump to meet the earnout threshold. When TMTG agreed to merge with the SPAC in October, 2021, the deal envisioned that TMTG shares had to trade above US$30 for Mr. Trump to get the full earnout bonus. The two sides amended the deal in August, 2023 to lower that threshold to US$17.50, regulatory filings show.
Had that not happened, Mr. Trump would not have yet earned the full bonus because TMTG’s shares traded below US$30 last week. The terms of the deal, however, give Mr. Trump three years from the listing to win the full earnout, so he could have still earned it if the shares traded above the threshold for 20 days in any 30-day period during this time.
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The B.C. government is putting its proposed online harms legislation on hold after reaching an agreement with some of the largest social media platforms to make people safer online.
Premier David Eby says in a joint statement with representatives of the firms Meta, TikTok, X and Snap that they will form an online safety action table, where they’ll discuss “tangible steps” towards protecting people from online harms.
Eby says the social media companies have “agreed to work collaboratively” with the province on preventing harm, while Meta will also commit to working with B.C’s emergency management officials to help amplify official information during natural disasters and other events.
“We have had assurance from Facebook on a couple of things. First, that they will work with us to deliver emergency information to British Columbia in this wildfire season that (people) can rely on, they can find easily, and that will link into official government channels to distribute information quickly and effectively,” Eby said at a Tuesday press conference.
“This is a major step and I’m very appreciative that we are in this place now.”
3:56
B.C. takes steps to protect people from online harms
The announcement to put the bill on hold is a sharp turn for the government, after Eby announced in March that social media companies were among the “wrongdoers” that would pay for health-related costs linked to their platforms.
At the time, Eby compared social media harms to those caused by tobacco and opioids, saying the legislation was similar to previous laws that allowed the province to sue companies selling those products.
5:46
Carol Todd on taking action against online harms
Last August, Eby criticized Meta over its continued blackout of Canadian news outlets as wildfires forced thousands from their homes. Eby said it was “unacceptable” for the tech giant to cut off access to news on its platforms at a time when people needed timely, potentially life-saving information.
“I think it’s fair to say that I was very skeptical, following the initial contact (with Meta),” Eby said Tuesday.
Eby said one of the key drivers for legislation targetting online harm was the death of Carson Cleland, the 12-year-old Prince George, B.C., boy who died by suicide last October after falling victim to online sextortion.
The premier says in announcing the pause that bringing social media companies to the table for discussion achieves the same purpose of protecting youth from online harm.
“Our commitment to every parent is that we will do everything we can to keep their families safe online and in our communities,” the premier said in his statement.
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