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The startup market is taking on more and more risk - techcrunch

The startup market is taking on more and more risk

Welcome back to The TechCrunch Exchange, a weekly startups-and-markets newsletter for your weekend enjoyment.
techcrunch - 1 hour ago
Paris asks scooter sharing services to restrict speed to 10km/h - techcrunch

Paris asks scooter sharing services to restrict speed to 10km/h

Riding a scooter in Paris will soon feel incredibly… slow. The City of Paris has announced that scooter sharing services should restrict the maximum top speed to 10km/h (that’s 6.2mph). That decision comes following a number of pedestrian injuries that involved a scooter. Paris has been an important market for scooter sharing companies. It’s a […]
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Apple’s mixed reality headset may be a standalone device - techcrunch

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Our Black Friday discounts end soon — grab your $20 pass to TC Sessions: Space - techcrunch

Our Black Friday discounts end soon — grab your $20 pass to TC Sessions: Space

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Pet video marketplace Camlist eyes UK growth after raising $1.3 million pre-seed funding - techcrunch

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As many of the top cryptocurrencies seem to temporarily stabilize near all-time-highs, users looking to speculate on tokens that are a bit more volatile are searching across exchanges to find deals. Amsterdam-based startup TabTrader has been capitalizing on this search with a platform that aggregates prices and token availability across dozens of exchanges. While other […]
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Head of Instagram Adam Mosseri will testify before the Senate on teen mental heath - techcrunch

Head of Instagram Adam Mosseri will testify before the Senate on teen mental heath

Head of Instagram Adam Mosseri will testify before the Senate for the first time as part of a series of hearings about online safety for children and teens. Per the New York Times, Mosseri’s hearing will take place on December 6. Mosseri’s upcoming testimony comes after Sen. Richard Blumenthal (D-CT) wrote a letter to Facebook […]
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techcrunch
Head of Instagram Adam Mosseri will testify before the Senate on teen mental heath

Head of Instagram Adam Mosseri will testify before the Senate on teen mental heath

techcrunch - 3 days ago

Head of Instagram Adam Mosseri will testify before the Senate for the first time as part of a series of hearings about online safety for children and teens. Per the New York Times, Mosseri’s hearing will take place on December 6.

Mosseri’s upcoming testimony comes after Sen. Richard Blumenthal (D-CT) wrote a letter to Facebook (now Meta) CEO Mark Zuckerberg, asking that either he or Mosseri participate in a Senate hearing.

When reports leaked in September about Instagram’s knowledge of its dangerous affects on teen girls, the Senate Committee on Commerce, Science, & Transportation didn’t take it lightly. The committee first questioned Facebook Global Head of Security Antigone Davis, who was reticent to answer direct questions from the Senate. Then weeks later, the committee heard testimony from Facebook whistleblower Frances Haugen, a former civic integrity product manager who leaked thousands of internal documents known as the “Facebook Papers.” In her hearing, Haugen told the Senate that Facebook cares more about profits than user safety.

“I am disappointed that Facebook has been unwilling to be fully transparent with me, other members of Congress, and the public, and appears to have concealed vital information from us about teen mental health and addiction,” wrote Senator Blumenthal, who chairs the Senate committee hosting these hearings. “When I sought specific information about Instagram and teens in an August letter, Facebook provided clearly evasive and misleading answers that have now been directly disputed by Ms. Haugen.”

Now, after hearing from executives at Snap, TikTok and YouTube last month, the committee will convene again to hear from the Head of Instagram himself. Given the committee’s demonstrated concern about Instagram’s connection to the onset of adolescent eating disorders, it’s expected that Mosseri will be questioned about leaked internal studies that Meta conducted about Instagram’s impact on teen girls.

The internal study, obtained by the Wall Street Journal and later published by Meta itself, found that Instagram makes body image issues worse for one in three teen girls, and that teens blame Instagram for increases in anxiety and depression. Among teens with suicidal thoughts, the study says that 6% of users traced their desire to die by suicide to Instagram. Plus, 32% of surveyed teen girls reported that when they felt bad about their bodies, Instagram made those feelings worse.

Shortly after these documents were leaked, Mosseri announced that Instagram would pause building Instagram Kids. Meta already has products like Messenger Kids, which lets users under 13 chat with people who, their parents approve.

“While we stand by the need to develop this experience, weve decided to pause this project,” Mosseri wrote. “This will give us time to work with parents, experts, policymakers and regulators, to listen to their concerns, and to demonstrate the value and importance of this project for younger teens online today.”

But critics are skeptical of Meta’s ability to build an Instagram Kids product responsibly. Per research published this month, Facebook allegedly continues to surveil teens for ad targeting. Earlier this summer, Instagram took steps to default young teens’ accounts to private and restrict ads.

“It is urgent and necessary for you or Mr. Adam Mosseri to testify to set the record straight and provide members of Congress and parents with a plan on how you are going to protect our kids,” Senator Blumenthal wrote to Zuckerberg.

sauce: techcrunch
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