Snapchat Rolls out ‘Family Center’ Tool for Children Protection

Snapchat app is seen on a smartphone in this illustration
taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration
Snapchat app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration
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Snapchat Rolls out ‘Family Center’ Tool for Children Protection

Snapchat app is seen on a smartphone in this illustration
taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration
Snapchat app is seen on a smartphone in this illustration taken, July 13, 2021. REUTERS/Dado Ruvic/Illustration

Snapchat is introducing a new in-app tool to enable parents to get more insights on how their teenagers use Snapchat without compromising their children's privacy.

Family Centre will show parents their children’s friend list and who is communicating with them – but it will not show the content of conversations.

The opt-in tool will require a parent and child’s Snapchat accounts to be friends in order to connect and set up Family Centre, from which parents will also be able to confidentially report any accounts connected with their child that they have concerns about, according to the German News Agency.

“Family Centre is designed to reflect the way that parents engage with their teens in the real world, where parents usually know who their teens are friends with and when they are hanging out – but don’t eavesdrop on their private conversations,” Snapchat said in a blog post announcing the tool.

“To help develop Family Centre, we worked with families to understand the needs of both parents and teens, knowing that everyone’s approach to parenting and privacy is different.

The company also consulted with experts in online safety and wellbeing to incorporate their feedback and insights in creating a set of tools designed to reflect the dynamics of real-world relationships and foster collaboration and trust between parents and teens.

Snapchat also confirmed that it was publishing a new range of resources to help parents and children have open conservations about online safety and social media tools, and that it would continue to add more features to Family Centre over the coming months, including new content control tools for parents.



EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
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EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo

The European Investment Bank is likely to announce on Friday plans to pump 70 billion euros into the development of European technology firms over the next three years, EU officials said.

The program, called Tech EU, is meant to help Europe compete with China and the United States in the race for innovative clean and digital technologies.

The EIB, the biggest multilateral lender in the world with a balance sheet total of 556 billion euros, expects its own 70 bln euros to mobilize a further 250 billion euros of private cash as investors crowd into projects supported by the EIB, Reuters quoted EU officials as saying.

The 70 billion is to be split into 20 billion euros for equity and quasi-equity, 40 billion euros for loans and 10 billion for guarantees in 2025-2027, the officials said.

The plan is to complement European Commission efforts to support higher risk ventures and innovative companies throughout their investment journey, from proof of concept to an initial public offering.

The EIB wants to focus on supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries such as offshore wind, health, security and defense technologies, robotics and advanced materials, the officials said.