Technologies
Facebook whistleblower to testify before Congress: How to watch
Former Facebook product manager Frances Haugen has accused the company of choosing its own interests over what’s good for the public.
Former Facebook product manager Frances Haugen, the whistleblower behind a major leak of internal company documents, is set to testify before US lawmakers for the first time on Tuesday.
Haugen publicly revealed herself to be the Facebook whistleblower during an interview that the CBS television program 60 Minutes aired on Sunday. The 37-year-old gathered thousands of pages of documents and communications, some of which The Wall Street Journal used to publish a series of stories about how Facebook is aware of the harm the company’s platform can inflict, including on the mental health of teenagers.
«There were conflicts of interest between what was good for the public and what was good for Facebook. And Facebook, over and over again, chose to optimize for its own interests, like making more money,» Haugen said during the 60 Minutes interview. She worked on Facebook’s efforts to combat election interference and misinformation for nearly two years before leaving the social network in May.
Now lawmakers are trying to learn more from Haugen about what type of regulation could help keep social networks such as Facebook more accountable. The Senate Subcommittee on Consumer Protection, Product Safety, and Data Security is holding a hearing, titled «Protecting Kids Online: Testimony from a Facebook Whistleblower.» Tuesday’s hearing comes less than a week after Facebook’s head of safety, Antigone Davis, appeared before Congress. Facebook says The Wall Street Journal mischaracterized its research, noting that its platform also has benefits such as helping people keep in touch with family and friends. The company, which suffered a massive outage on Monday, has been plagued by numerous scandals including about data privacy.
Here’s what you need to know:
When
The hearing begins Tuesday at 10 a.m. ET / 7 a.m. PT.
Where
You can watch the hearing live on the subcommittee’s website or on CNET’s YouTube channel.
What to expect
US lawmakers will likely press the whistleblower for more details about what she learned while working for Facebook and other tech companies. Before joining Facebook, Haugen worked for Google, Yelp and Pinterest.
«Facebook’s actions make clear that we cannot trust it to police itself. We must consider stronger oversight, effective protections for children, & tools for parents, among the needed reforms,» tweeted Sen. Richard Blumenthal, a Connecticut Democrat who chairs the Senate subcommittee hosting the hearing.
Lawmakers are trying to gather more information, including from companies outside of Facebook, as they weigh what type of regulation to pass.
Last week, Blumenthal, along with Democrats Sen. Ed Markey of Massachusetts and Rep. Kathy Castor of Florida, reintroduced the Kids Internet Design and Safety Act. The bill would ban features such as «likes» and follower counts for users under the age of 16 years old. The legislation also addresses other issues such as manipulative marketing and the amplification of harmful content.
Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.
This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.
Stay tuned for updates as the project takes further steps toward global success!
Technologies
Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market
Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market
Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 Wallet, Coinbase Web3 Wallet, OKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.
The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.
What’s next?
In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.
Why does this matter?
Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.
Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!
Technologies
Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon
Verum Token is now accessible for deposits and withdrawals on the Binance Wallet
Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.
Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.
With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.
About Binance
Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.
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