Snapchat Is Focused on Making App Experience Safe, Spiegel Says [BNN Bloomberg (Canada)]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: BNN Bloomberg
Snap and other social networks including Meta Platforms Inc., X Corp., Discord and TikTok have faced scrutiny from lawmakers and parents over their apps' impact on kids. Lawmakers and child-safety advocates have debated whether social media companies, parents or device makers such as Apple Inc. and Google should take primary responsibility for safeguarding kids online. “For us it's more about, ‘What can we do?'” Speigel said. “We really want to take responsibility for the experience that we're providing to our community.” Snapchat is focused on connecting users with people they know in the real world, Spiegel said, adding that the app doesn't have public-facing likes and is private by default. The CEO said parents' responsibility is to have conversations with their kids about the importance of only talking with their “real friends,” and facilitating interactions in the real world. Earlier this year, Spiegel testified before US Congress alongside the CEOs of Meta, X, Discord and
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