Hi everyone, itâs Ilena Peng in New York. You would think that adding parental controls to a product would make it safer; thatâs not necessa
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Hi everyone, itâs Ilena Peng in New York. You would think that adding parental controls to a product would make it safer; thatâs not necessarily true. But first⦠Todayâs top tech news: - Apple and Meta gave user data to [hackers who posed as police](
- The grocery delivery unit of Russiaâs Yandex unit is considering [selling off or closing]( some operations in Europe
- Crypto-bridge hacks hit [more than $1 billion]( in a little more than a year The best-laid plans The technology industry is great at devising well-meaning products that end up getting abused. Apple Inc.âs AirTags, which help people keep track of their personal items like keys, have been used by stalkers to track people. Amazon.com Inc.âs Ring doorbells, intended to assist in home security, have been tools in police overreach. Instagramâs parental controls may be next. In March, after years of concern over Instagramâs impact on young people, owner Meta Platforms Inc. added parental controls. Parents can view how much time their child spends on Instagram, who they follow, who follows them and when they report an account to content moderators. A future release will let parents set limits on when teens canât use Instagram, like during school hours or before bedtime. Thereâs one major loophole: Instagram does little to verify that the âparentâ is actually a parent. The tool only requires that a teen send a request to a supervising account, which must be someone who lists their age on Instagram as over 18. Age verification on the app largely relies on self-reported birthdays, and could potentially allow people of other ages, who arenât necessarily parents or guardians, to access supervision tools. Teens might not have the autonomy to refuse parents or other adults access to their accounts, putting them at risk, said Darcey Merritt, an associate professor at New York Universityâs Silver School of Social Work. âMisuse is absolutely possible and might create a host of deleterious outcomes across circumstances,â Merritt said in an email. âThis is not to say as intended itâs a bad thing, but there will be abuses of coercive oversight.â Beyond the verification problem, Meta is making âa lot of assumptions,â like that those who access the tools are digitally literate parents or guardians who are acting in their teenâs best interests, said Katie Paul, the director of the Tech Transparency Project. Usually, a spate of abuse forces a company to tweak its product. Apple has added new safeguards to its AirTags, like making them louder so people know if one has been dropped in their bag without their knowledge. Amazon updated encryption for Ring videos and is no longer letting police directly contact customers for video footage. Itâs too soon to say what will happen with Instagramâs parental controls, but the business has already been under fire for its poor age verification; People under 13 are using the app, just lying about their birthdays. âThereâs so many steps between the actual user activity of the kid and their intention to protect kids in this way that can be either exploited or not adhered to or circumvented,â said Jennie Noll, a professor of human development and family studies at Pennsylvania State University. Itâs a lesson tech giants have learned again and again: Even the products with the best intentions arenât immune to bad intent. â[Ilena Peng](mailto:ipeng5@bloomberg.net)
If you read one thing Apple can be a fintech company, too. The Silicon Valley giant is developing its own [payment processing]( tech, along with risk assessment for lending, fraud analysis and credit checks, according to people inside the company. The plans are focused on future products, but the news still sent the stock of Apple partners CoreCard and Green Dot Corp. down more than 10% on Wednesday. What else you need to know Waymo will begin offering rides in San Francisco [without a driver]( behind the wheel.  How a secret deal helped Tesla dodge the [nickel crisis](. What to watch: SPAC deals are still going. Starry began trading on the NYSE at a [$1.76 billion value](. Its CEO talked to Bloombergâs Emily Chang. Follow Us More from Bloomberg Dig gadgets or video games? [Sign up for Power On]( to get Apple scoops, consumer tech news and more in your inbox on Sundays. [Sign up for Game On]( to go deep inside the video game business, delivered on Fridays. Why not try both? Like Fully Charged? | [Get unlimited access to Bloomberg.com](, where you'll find trusted, data-based journalism in 120 countries around the world and expert analysis from exclusive daily newsletters. You received this message because you are subscribed to Bloomberg's Fully Charged newsletter. If a friend forwarded you this message, [sign up here]( to get it in your inbox.
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