WE’RE BUILDING A STRONG FINANCIAL SYSTEM, BUSINESS-FRIENDLY ECONOMY, PRESIDENT TINUBU SAYS AS COCA-COLA ANNOUNCES $1BILLION INVESTMENT IN NIGERIA. (PHOTOS). #PRESS RELEASE.

Image
 STATE HOUSE PRESS RELEASE WE’RE BUILDING A STRONG FINANCIAL SYSTEM, BUSINESS-FRIENDLY ECONOMY, PRESIDENT TINUBU SAYS AS COCA-COLA ANNOUNCES $1BILLION INVESTMENT IN NIGERIA   President Bola Tinubu has reiterated his administration’s commitment to creating a robust financial system and a business-friendly economy that will attract more foreign direct investments.    The President made the commitment on Thursday in Abuja, as the Coca-Cola Company announced plans to invest $1 billion in Nigeria over the next five years.    The announcement was made at a meeting between the President and the global leadership team of Coca-Cola Company, led by Mr John Murphy, its president and chief financial officer, and the Chairman of Nigerian Bottling Company, Ambassador Segun Apata.    President Tinubu commended Coca-Cola for its long-standing partnership with Nigeria and for promoting investment opportunities that have employed over 3000 people across nine production facilities.    ''We are bu

INSTAGRAM LAUNCHES TEEN ACCOUNTS WITH BUILT IN SAFETY FEATURES. (PHOTOS).


 Instagram launches teen accounts with built in safety features


Instagram is rolling out Teen Accounts, designed to prioritise safety and provide parents with more control over their teen’s social media activities. 

The platform, will automatically place teens under 18 into these accounts, offering protections that limit who can contact them and what content they can view. 


This move aims to address growing concerns about teen safety on social media and empower parents to oversee their teen’s online experience. Meta CEO, Mark Zuckerberg took to Threads to announce the same.


Meta will automatically migrate all Instagram users under the age of 16 to the new service, which features built-in protections through settings controlled by their parents. The move is designed to address mounting criticism that social media can harm young people's mental health, as well as put parents at ease about the kind of content their children are exposed to and who is able interact with them. 


User profiles on Teen Accounts are automatically made private and can only be viewed if a request to access a teen's information is accepted. The new tool also places restrictions on messaging, allowing parents to see who their kids are communicating with, and includes a feature that silences notifications at night. Such features may be deactivated, but only with a parent's permission. 


"We know parents want to feel confident that their teens can use social media to connect with their friends and explore their interests, without having to worry about unsafe or inappropriate experiences," Meta said in a statement Tuesday. "We understand parents' concerns, and that's why we're reimagining our apps for teens with new Teen Accounts." 

Beyond giving caregivers more control over a child's Instagram usage, a new "Explore" feature lets teens select topics they want to see more of, according to Meta. 


Antigone Davis, global head of safety at Meta, told CBS News that Meta designed Teen Accounts in consultation with parents of teens and that the changes will affect tens of millions of Instagram users. Although Meta has made incremental changes over the years, the new service "standardizes the experience." she said.

"It gives parents peace of mind. Their teens are in a certain set of protections," Davis said, adding that Meta is seeking to "reimagine how parents and teens interact online." 


In 2023 dozens of states sued Meta, alleging the company deliberately engineered Instagram and Facebook to be addictive to young users in a bid to boost profits. The lawsuits also accused Meta of collecting data on children under 13 without their parents' consent, a violation of federal law.

Meta has denied such allegations, saying that it is focused on providing teens with "positive experiences online" and that it has introduced dozens of tools aimed at making social media safer for teens. 

How will Teen Accounts be enforced?

With Teen Accounts, users under 16 need their parents' permission to roll back restrictions, according to Meta. An additional feature lets parents further shape their teens' online experiences by showing who how they're messaging and how much time they are spending on the platform. Parents can also block teens from accessing Instagram during certain times of day.

To keep teens honest, Meta is asking them to verify their ages by uploading an ID card and by using a tool called Yoti, which analyses a person's facial features to determine if they appear to be under or over 18. 

Teens will be notified that their accounts are being migrated into Teen Accounts. The transition is expected to take place over 60 days in the U.S., U.K., Canada and Australia.

More photos below. 



Comments

Popular posts from this blog

INNOSON GIVES OUT BRAND NEW IVM G5 AND SALARY FOR LIFE TO THE MAN WHO PROPHESIED ABOUT HIS VEHICLE MANUFACTURING IN 1979.(PHOTO).

SHAKIRA COVERS WOMEN'S HEALTH MAGAZINE,APRIL ISSUE.

AMBODE,SOYINKA & OTHERS AT THE OFFICIAL LAUNCH OF LAGOS AT 50 YEARS ANNIVERSARY AGAINST 2017.{PHOTOS}.