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States suing Meta for 'addictive features' and impact on teen mental health, rise of Bitcoin, Google's revenue streams, Spotify's profitability, Saudi investment fund's growing influence
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- Instagram's addictive features are being blamed for contributing to the teen mental health crisis.
- Bitcoin's value surge and institutional investors' interest indicate a positive outlook for the cryptocurrency.
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Instagram sued by states over teen mental health concerns
42 states have filed a lawsuit against meta, the parent company of Instagram, accusing the social media platform of contributing to the teen mental health crisis. The lawsuit alleges that Instagram's addictive features, such as the infinite news feed and constant notifications, lead to young users' susceptibility to addiction and an unhealthy reliance on social media for meaningful connection. This lawsuit is the largest and most unified effort by state attorneys general to hold a social media company accountable for its impact on mental health.
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Listen to the best highlights from the podcasts you love and dive into the full episode