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Rapid Fire News: App Annie fraud, Instagram’s negative impact, Discord valued at $15B & more | E1284

This Week in Startups

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Social Media's Hidden Costs

This chapter reveals the detrimental effects of Instagram on the mental health of teenage girls, supported by findings from a Wall Street Journal report. It critiques social media companies for prioritizing growth over the well-being of users, while contrasting responses from authoritarian regimes and democracies to these challenges. The discussion also touches on the performance of platforms like Discord and Reddit, and the acquisition of MailChimp by Intuit, highlighting the complexities of the tech landscape.

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