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EU To Crack Down On TikTok, Instagram's 'Addictive Design'

2 months 2 weeks ago
The EU plans to target "addictive design" features on TikTok, Instagram, and other platforms, including endless scrolling, autoplay, push notifications, and recommendation loops that can steer children toward harmful content. European Commission President Ursula von der Leyen said new regulation could arrive later this year, alongside an EU age-verification app meant to make child-safety rules easier to enforce. CNBC reports: "We are taking action against TikTok and its addictive design -- endless scrolling, autoplay, and push notifications. The same applies to Meta, because we believe Instagram and Facebook are failing to enforce their own minimum age of 13," Von der Leyen said. "We are investigating platforms that allow children to go down 'rabbit holes' of harmful content -- such as videos that promote eating disorders or self-harm," she added. The EU's executive arm has also developed its own age verification app, which has the "highest privacy standards in the world," according to Von der Leyen. Member states will soon be able to integrate it into their digital wallets, and it can easily be enforced by online platforms. "No more excuses -- the technology for age-verification is available," the EU chief said. The EU Commission could have a legal proposal prepared as soon as the summer, as it awaits the advice and findings of its 'Special Panel of experts on Child Safety Online.'

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eBay Rejects GameStop's $56 Billion Takeover As 'Neither Credible Nor Attractive'

2 months 2 weeks ago
An anonymous reader quotes a report from Reuters: EBay on Tuesday rejected a $56 billion takeover bid from the much smaller GameStop over financing doubts, calling the proposal "neither credible nor attractive." EBay, which has roughly four times GameStop's market value, also underscored that its turnaround efforts under CEO Jamie Iannone have boosted growth, with its stock returning 201% since Iannone took the position six years ago. "We have concluded that your proposal is neither credible nor attractive," eBay Chairman Paul Pressler said in a statement. "eBay's Board is confident the company, under its current management team, is well-positioned to continue to drive sustainable growth." He also pointed to concerns with GameStop's bid, including its financing, its impact on eBay's long-term growth and the leadership structure of a potentially combined company. Last week, GameStop's CEO Ryan Cohen delivered one of the most memorable CNBC interviews in recent memory... initially disinterested, then increasingly hostile, with little eye contact, few real answers to basic questions, and repeated robotic deflections to "check the website." It's worth a watch if you have a few extra minutes.

Read more of this story at Slashdot.

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