Meta Rolls Out Parental Supervision Tools on Instagram

The Instagram application is seen on a phone screen August 3, 2017. (Reuters)
The Instagram application is seen on a phone screen August 3, 2017. (Reuters)
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Meta Rolls Out Parental Supervision Tools on Instagram

The Instagram application is seen on a phone screen August 3, 2017. (Reuters)
The Instagram application is seen on a phone screen August 3, 2017. (Reuters)

Facebook owner Meta Platforms Inc will allow parents to track how much time their children are spending on Instagram and will soon roll out parental supervision features on Quest virtual reality headsets, the company said on Wednesday.

The new parental controls are part of Meta's promise to protect children using its social media apps, after a whistleblower leaked internal documents that showed the company was aware that Instagram caused body image problems for some teenage girls.

The uproar resulting from the leaked documents led to Adam Mosseri, head of Instagram, testifying before Congress in December, where he was grilled about children's safety online.

The Instagram supervision tools will be available in the United States beginning Wednesday and will roll out globally over the coming months, Meta said.

Parents will be able to view what accounts their children follow and can set time limits for how long their kids spend on the app.

In May, Meta will launch a dashboard that includes supervision tools for its Quest headsets and will automatically block teens from downloading age-inappropriate apps on Quest.

Parental supervision on both Instagram and Quest will require consent from teens, Meta said in a blog post.

The company added it plans to eventually allow parents to oversee their kids' activities across all of Meta's services from one central place.



Qualcomm Strengthens AI Portfolio with $2.4 Billion Alphawave Deal

The Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. (Reuters)
The Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. (Reuters)
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Qualcomm Strengthens AI Portfolio with $2.4 Billion Alphawave Deal

The Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. (Reuters)
The Qualcomm logo is during Munich Auto Show, IAA Mobility 2021 in Munich, Germany, September 8, 2021. (Reuters)

US chipmaker Qualcomm on Monday agreed to acquire British semiconductor company Alphawave for about $2.4 billion as part of efforts to strengthen its artificial intelligence technology.

Alphawave shareholders will receive 183 pence per share, a nearly 96% premium to the price immediately before Qualcomm disclosed its interest in the company. The shares jumped 22% in early London trade to just below the offer price.

US-based firms have been snapping up British assets, taking advantage of a market that is plagued by comparatively weaker valuations and stunted growth.

Alphawave, which designs and licenses semiconductor technology for data centers, networking and storage, had garnered takeover interest from Qualcomm and SoftBank-owned chip tech provider Arm in early April for its "serdes" technology.

The technology underpins the speed at which data is processed by chips - crucial for AI development - and serves as the foundation for Broadcom's and Marvell Technology's multibillion-dollar bespoke chip businesses.

Arm walked away after initial discussions with Alphawave, Reuters exclusively reported in April citing sources.

Qualcomm also tabled two alternative all-share offers to Alphawave's shareholders, after receiving multiple extensions from the UK's takeover panel to table a firm offer.

The British company said it considers the terms of the cash offer to be fair and reasonable and intends to unanimously recommend it to its shareholders.

Alphawave also completed the disposal of its stake in WiseWave, its joint venture with Chinese investment firm Wise Road Capital, to existing state shareholders on Monday.