Power to the parents: How Snapchat leads the way in protecting child users – The National

In 2008, Facebook’s slogan was “Facebook helps you connect and share with the people in your life”. This simplicity went to the heart of what the website was offering the world: a revolution in the way we communicate. Behind closed doors, there was another remarkable aspect of the mission – its profitability. In 2008, Facebook’s worth was estimated at $15 billion. As of August 2022, the company’s market value stood at more than $560bn.It is true for other sites, too. YouTube now brings in annual revenue of almost $30bn, Instagram $24bn. In 2021, the net worth of Facebook’s chief executive, Mark Zuckerberg, was $97bn, and $35bn for TikTok’s Zhang Yiming.With such power and money comes great responsibility. Websites such as Facebook and Twitter have been credited with seismic historic events, from enabling political uprisings to shaping elections. It is impossible to predict the effect of new domains such as the virtual-reality Metaverse, but they could well be epoch-defining.Editorials from The NationalKeeping pace with these developments on a governmental and personal level matters, because not all of social media’s effects have been good. For no group is this more true than children. Companies are very often criticised for not doing enough…
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