Technologies

Instagram CEO testifies before Congress for the first time: 5 takeaways

US lawmakers expressed their distrust in the company even as the executive tried to assure them the company was committed to keeping young users safe.

Near the end of a more than two-hour congressional hearing, Sen. Marsha Blackburn gave Instagram CEO Adam Mosseri a chance to speak directly to parents whose children have been harmed by the platform.

«We’re not talking to people that have ever had any kind of response from Instagram and you have broken these children’s lives and you have broken these parents’ hearts,» Blackburn, a Tennessee Republican, told Mosseri on Wednesday.

«To any parent who’s lost a child or even had a child hurt themselves, I can’t begin to imagine what that would be like for one of my three boys. As the head of Instagram, it’s my responsibility to do all I can to keep people safe. I’ve been committed to that for years. I’m going to continue to do so,» Mosseri responded.

US lawmakers weren’t satisfied with Mosseri’s reply. The executive was testifying during a Senate hearing, titled «Protecting Kids Online: Instagram and Reforms for Young Users,» that focused on what Instagram, which is owned by Meta, knows about the impact of its service on young people. Mosseri’s testimony comes at an uncomfortable moment for Instagram and Facebook, which rebranded itself as Meta. Frances Haugen, a former Facebook product manager turned whistleblower, leaked a trove of internal research to Congress and the US Securities and Exchange Commission before leaving the company in May.

Lawmakers still don’t trust Instagram to self-regulate

Lawmakers kicked off the hearing by expressing their frustration that not much has changed to safeguard children online. In September, Antigone Davis, who runs Facebook’s global safety operations, appeared before the same subcommittee. The Senate panel also held a hearing in October about online child safety with executives from Snapchat, TikTok and Google-owned YouTube.

Sen. Richard Blumenthal, a Connecticut Democrat, said his office created a fake Instagram account on a Monday for a teenager and the user was still shown recommendations for eating disorder content. The example was one of several anecdotes lawmakers brought up to illustrate how enforcement of Instagram’s rules falls short.

«The resounding bipartisan message from this committee is legislation is coming. We can’t rely on trust anymore. We can’t rely on self policing. It’s what parents and our children are demanding,» he said.

Ahead of the hearing, Instagram also announced new tools, including a feature that reminds people to take a break from the platform, to demonstrate that the company is serious about the mental health of its users.

Blumenthal said the new safety tools Instagram released «fall way short of what we need» — and should have been released earlier.

Instagram pushes for the creation of an industry body

Mosseri told US lawmakers that keeping young people safe online is «not just about one company.» One idea he pushed during the hearing is the creation of an industry body to determine best practices for protecting young people online such as how to verify a user’s age and to build parental controls.

Citing a survey from Forrester, Mosseri also noted it appears that more teens are using short-form video app TikTok and Google-owned YouTube more than Instagram.

Companies like Instagram «should have to adhere to these standards» to earn protections under Section 230, a federal law that shields online platforms from liability for user-generated content, he said.

Sen. Ed Markey, a Massachusetts Democrat, and other lawmakers didn’t appear to support that idea.

«Your idea of regulation is an industry group creating standards that your company follows. That’s self regulation, that status quo and that just won’t cut it,» Markey said.

Instagram Kids isn’t permanently off the table

In September, Instagram said it was pausing the development of a version of the photo-sharing app for children under 13-years-old known as Instagram Kids. Instagram says the project is meant to give parents more control over the social media usage of kids between the ages of 10 to 12 years old who may already be on the app.

But the project raised concerns from child advocacy groups who say kids aren’t developmentally equipped to deal with the social comparison and mental health risks that come with being on Instagram.

During the hearing, Blumenthal asked if Mosseri would commit to permanently pause Instagram Kids. Mosseri said what he could commit to is that no child between the ages of 10 to 12 if the company ever managed to build Instagram Kids would have access to the «without their explicit parental consent.»

Teen accounts created on the web don’t default to private

Instagram said in July that users under the age of 16, or 18 in some countries, will have their accounts set to private by default.

Blackburn, though, pointed out her staff created a fake Instagram account for a 15-year-old girl but it defaulted as public not private.

«While Instagram is touting all these safety measures, they aren’t even making sure the safety measures are in effect,» she said.

Mosseri said accounts for teenagers created on a mobile device do default to private but that’s not the case when accounts are created on the web.

«We will correct that quickly,» he said.

Instagram could bring back the chronological feed next year

Mosseri said during the hearing he thinks users should have more control over their experience on Instagram, including the ability to view their feed chronologically. The company got rid of the chronological feed in 2016 and shows posts that users are more likely to be interested in based on activity such as what users «liked.»

Instagram is working on a way to pick the people users want to see at the top of their feed and a chronological version of Instagram.

«I wish I had a specific month to tell you right now, but right now we’re targeting the first quarter of next year,» Mosseri said.

Technologies

Verum Messenger: Data Protection at Its Finest

Verum Messenger positions itself as a tool for those who value privacy and security above all.

Verum Messenger stands out from other messengers thanks to its approach to security, anonymity, and innovations in communication.

Here are some key aspects that highlight its uniqueness:

Default encryption: Verum Messenger uses end-to-end (E2E) encryption for all chats, meaning messages are encrypted on the sender’s device and decrypted only on the recipient’s device. This makes it impossible for third parties, including app developers, to access the content of the messages.
Anonymity: When registering with Verum, there’s no need to provide a phone number or email. Users simply choose a nickname and password, significantly enhancing their level of anonymity. This contrasts with many other messengers, where anonymity can be compromised through linked personal data.
Built-in VPN: An additional layer of protection that hides the user’s IP address, making their location and internet activity less trackable.
Data control: Users can set messages to be automatically deleted after a specified time, ranging from a few seconds to a week. There’s also a quick deletion feature for all chats, calls, and even contacts, which is useful for maintaining privacy.
Large groups: The ability to create chat rooms with up to 10,000 participants makes Verum attractive for organizing large events, discussions, or communities while maintaining a high level of security.
Security innovations: Verum actively develops technologies aimed at protecting user data, as seen in their documentation and discussions online. This includes not only technical solutions but also approaches to data minimization, which reduces the risk of leaks.
Feedback and discussions: On platform X (formerly Twitter), discussions can be found where users and experts praise Verum for its approach to anonymity and security, although questions are raised about how much anonymity can truly be guaranteed in an age of modern tracking and de-anonymization technologies.

Verum Messenger positions itself as a tool for those who value privacy and security above all. Its innovations in encryption, anonymity, and data control make it an intriguing choice for those seeking alternatives to traditional messaging platforms. However, as with any technology, it’s important to remember that absolute anonymity on the internet remains a complex challenge, and users should be aware of potential risks and limitations.

Technologies

Verum Coin Debuts on XT Exchange, Broadening its Reach in the DeFi Space

A Strategic Listing Enhancing Verum Coin’s Visibility

In a significant development for the decentralized finance (DeFi) sector, Verum Coin (VERUM) has been officially listed on XT Exchange. The new trading pair, VERUM/USDT, is now available in the exchange’s Innovative Zone, marking a pivotal expansion for this digital asset into the DeFi ecosystem.

A Strategic Listing Enhancing Verum Coin’s Visibility

The addition of Verum Coin to the XT Exchange is seen as a strategic move to enhance the accessibility and liquidity of VERUM among traders who are keen on exploring innovative digital assets. XT Exchange, known for its robust platform supporting a wide variety of cryptocurrencies, provides an ideal environment for fostering growth and ensuring the broad reach of new tokens.

Albin Varin, CEO of XT Exchange, expressed enthusiasm about the new listing, stating, «We are delighted to welcome Verum Coin to our platform. This listing reflects our ongoing commitment to providing our users access to innovative digital assets that transform the landscape of global finance.» This comments underscore the exchange’s focus on integrating cutting-edge technologies and financial instruments that have the potential to redefine the market.

About XT

Founded in 2018, XT Exchange serves more than 7.8M registered users, over 1M monthly active users, 40+ million users in the ecosystem, and more than 800 tokens with 1000+ trading pairs. XT crypto exchange offers a rich variety of trading categories to provide a secure, trusted, and intuitive trading experience for its large user base. This includes crypto futures trading (USDT-M Futures and coin-M futures perpetual contracts) and copy trading that allows users to replicate top traders in real time with just one click. Additionally, the futures grid allows users to automate the buying and selling of futures contracts for profits.

Future Prospects

With its new position on XT Exchange, Verum Coin is expected to attract a broader audience, enhancing its trading volume and market presence. This could potentially lead to increased stability and recognition as a viable player in the DeFi space. For investors and users of XT Exchange, this addition provides a fresh avenue to diversify portfolios with a cryptocurrency that is positioned at the intersection of innovation and financial evolution.

The listing of Verum Coin on XT Exchange not only highlights the ongoing expansion of cryptocurrency markets into new areas like DeFi but also illustrates a growing recognition of digital assets that offer promising technological advancements and financial opportunities. As the crypto market continues to evolve, partnerships like these are pivotal for fostering growth and offering users access to the next generation of financial tools.

Technologies

Verum Coin Gains International Spotlight with AP Coverage and Listing on XT Exchange

This listing on XT is expected to further propel Verum Coin into the spotlight

In a noteworthy development for the cryptocurrency community, Verum Coin (VERUM) has been featured in an Associated Press article, highlighting its upcoming listing on the XT Exchange. This significant media coverage underscores the growing interest and potential of Verum Coin in the global financial landscape.

The AP article delves into the details of Verum Coin’s innovative features and its alignment with the latest trends in the cryptocurrency market. This attention comes at an opportune moment as Verum Coin prepares for its new listing on XT Exchange, a platform renowned for its extensive user base and a wide array of trading options.

This listing on XT is expected to further propel Verum Coin into the spotlight, providing both traders and investors with new opportunities to engage with this emerging digital asset. The exchange’s robust infrastructure and diverse trading offerings are ideal for supporting Verum Coin’s growth and enhancing its visibility in the competitive cryptocurrency market.

For more details, you can read the full article on the AP website here.

This milestone is a testament to Verum Coin’s advancing presence in the crypto world and its ongoing efforts to be at the forefront of digital currency innovation and adoption.