List of All Articles with Tag 'tec'

By Dietrich Knauth NEW YORK Crypto lender Genesis Global said on Tuesday a New York civil fraud lawsuit

Attorneys general from 33 states, including New York AG Letitia James, have filed a lawsuit against tech giant Meta alleging it designed harmful features that contributed to the youth mental health crisis. The lawsuit, filed in the Northern District of California, alleges that Mark Zuckerberg’s company knowingly created addictive and “psychologically manipulative” features targeted at young people while falsely assuring the public it was safe to use. Some of the features, they say, include infinite scrolling, filters that change a person’s face or body, notifications that call young people back to Meta’s social media platforms like Instagram and Facebook and more. “Meta has profited from children’s pain by intentionally designing its platforms with manipulative features that make children addicted to their platforms while lowering their self-esteem,” Ms James said in a statement. “Social media companies, including Meta, have contributed to a national youth mental health crisis and they must be held accountable,” she added. Multiple studies have shown that children and teenagers’ prolonged exposure to social media can have negative impacts on their mental health due to disrupting their sleep, exposing them to bullying, rumour spreading, unrealistic views of people’s lives and more Plaintiffs in the lawsuit allege that Meta internally knew the impact of social media on young people but denied and downplayed the potential harm anyway in order to maximize profit – something a Facebook whistleblower testified to Congress about in 2021. The lawsuit seeks to force Meta to drastically change some of its design features that they allege are harmful to young people as well as impose financial penalties under each state’s specific consumer protection law. In a statement provided to The Independent, a spokesperson for Meta said, “We share the attorneys general’s commitment to providing teens with safe, positive experiences online, and have already introduced over 30 tools to support teens and their families.” Some of the “tools” Meta has implemented to help young people include age verification, preventing content that promotes harmful behaviours, giving users the option to hide “like” counts, prompting young people to take breaks or set timers and more. “We’re disappointed that instead of working productively with companies across the industry to create clear, age-appropriate standards for the many apps teens use, the attorneys general have chosen this path,” the spokesperson added. The lawsuit is the latest action taken against tech giants as concern about the impact of social media on young people grows. Read More People’s Instagram posts are showing where they are not expected Google and Meta withdraw from upcoming Web Summit Mark Zuckerberg uses Meta’s new AI Ray-Bans to braid daughter’s hair WhatsApp update will change how you log in forever Instagram Threads adds yet more features as it tries to take over from Twitter Viral WhatsApp warning of cyberattack targeting Jewish people is fake

By Max A. Cherney and Akash Sriram Google-parent Alphabet's cloud business crawled to its slowest in at least

Big tech appears to be continuing its strong growth turnaround from last year, as it kicks off earnings report season for the quarter ended in September.

Microsoft on Tuesday beat Wall Street estimates for first-quarter results in all segments, driven particularly by strength in

Apple announced its second product event of the season, a month after introducing its new iPhone 15 lineup. New iMacs are likely.

(Reuters) -Cryptocurrency lender BlockFi emerged from bankruptcy on Tuesday, clearing the way to repay its creditors 11 months after it

Who is playing college football tonight, Oct. 24?

Dozens of U.S. states are suing Meta Platforms and its Instagram unit, accusing them of contributing to a

IPhone maker Apple said on Tuesday it will hold a special event named "Scary Fast" on Oct. 30.

Dozens of states sued Instagram-parent Meta on Tuesday, accusing the social media giant of harming young users' mental health through allegedly addictive features such as infinite news feeds and frequent notifications that demand users' constant attention.

How Ange Postecoglou's Premier League points total from his first nine games as Tottenham Hotspur manager compares to Pep Guardiola at Manchester City, Jurgen Klopp at Liverpool, Mikel Arteta at Arsenal and Erik ten Hag at Manchester United