Social media app Vero seemed to gain massive popularity overnight, and the #DeleteVero campaign came just as quick.
But CEO Ayman Hariri told Cheddar the backlash is over “incorrect information.”
“The things that transpired [at my old company] happened after I left,” he said.
Hariri, son of former Lebanese Prime Minister Rafic Hariri, has come under fire for alleged human rights violations at a now-shuttered Saudi Arabian construction company where he once served as deputy CEO.
Tens of thousands of workers at the family-run business reportedly filed complaints of unpaid wages, but Hariri, who left the firm in 2013, denied any involvement.
Vero was launched in 2015, but catapulted to the top of Apple’s app store in the past week. It reimagines Instagram by removing the square-image restrictions, making it a major draw for photographers. It’s also free of ads and allows users to post more than just images and videos.
“You can share anything from your camera roll. You can share any link to anything online. You can share any song, any movie or TV show, any book, and any place,” Hariri explained.
For the full interview, [click here](https://cheddar.com/videos/vero-founder-and-ceo-addresses-controversy-over-past-company-and-deletevero).
Matt Hougan, CIO of Bitwise Asset Management, gives Cheddar the latest on the Securities and Exchange Commission approval of bitcoin ETFs. Hougan calls this time a 'potential major milestone for bitcoin.'
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The Biden administration has enacted a new labor rule that aims to prevent the misclassification of workers as independent contractors. The labor department rule going into effect Tuesday replaces a scrapped Trump-era standard that lowered the bar for classifying employees as contractors
The KC-46 was to be the ideal candidate for a fixed-price development program. Instead, it has cost Boeing billions, and made industry wary of such deals.
