🔴 LIVE: The Secrets of ProPicks AI Success Revealed + November’s List FREEWatch Now

Facebook Falls as Public Outcry Forces it to Pause Instagram Kids

Published 09/27/2021, 09:06 AM
Updated 09/27/2021, 09:07 AM
© Reuters.
META
-

By Dhirendra Tripathi

Investing.com – Facebook stock (NASDAQ:FB) fell 0.8% in Monday’s premarket trading as the social media giant decided to pause work on Instagram Kids to build parental supervision tools for it, first.

The company has for long been accused of neglecting the impact its popular apps has on young adolescents, a claim it disputes. Development of an app for an even younger group of kids was thus causing even greater anxiety among parents, something the company claims to be redressing now.

According to the company, it was developing a new version of its popular app to address the challenges posed by children misrepresenting to be teenagers when they were not. The company was relying on the app’s ability to identify the age, a feature that was exploited by children.

It now wants to give parents control of how their children use the app.. During this time, it said it will “listen to 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."

“We firmly believe that it’s better for parents to have the option to give their children access to a version of Instagram that is designed for them — where parents can supervise and control their experience — than relying on an app’s ability to verify the age of kids who are too young to have an ID,” Adam Mosseri, head of Instagram, said in a blog post on the company’s website.

Mosseri said the new version of the app was never meant for younger kids, but for tweens (aged 10-12).  It will require parental permission to join, it won’t have ads, and it will have age-appropriate content and features, he wrote.

Facebook’s move comes after deep research by journalists at The Wall Street Journal showed that Instagram use was leading to high anxiety, mental-health, body-image and confidence issues in teenage girls.

The WSJ said the company is “acutely aware that the products and systems central to its business success routinely fail”. The documents also show that Facebook has made minimal efforts to address these issues and plays them down in public, the WSJ report said.

Mosseri disputed the claims made by WSJ.  

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.