Thirty three US states have grouped together to file a lawsuit accusing Facebook and Instagram's owner Meta of contributing to a youth mental health crisis for the sake of profit. A suit filed in a federal court in California said Meta had "repeatedly misled the public about the substantial dangers of its Social Media Platforms". Meta said it sought to make ... Show More
Today
US steps up to save the Argentine Peso
The US has purchased Argentine pesos, taking the next step in a controversial effort to calm a currency crisis hitting the South American country and its president, Trump ally Javier Milei. In the US though, it's a different story – farmers, especially soybean farmers, have lost ... Show More
8m 56s
Yesterday
US top banker warns of potential risk of stock market decline
In a BBC interview, the head of America's largest bank, J P Morgan, has warned that US stock markets do not currently reflect the level of risk of a serious fall. Jamie Dimon said he was "far more worried than others" about a major market correction. China has tightened its rules ... Show More
8m 46s
Nov 2023
States Sue Meta, Instagram Promoters Test Limits
Matthew Schettenhelm, Bloomberg Intelligence Analyst, discusses Meta Platforms being sued by 41 states over addictive features in Instagram and Facebook that are harming the mental health of young people. Ann Lipton, business law professor at Tulane University, discusses how Inst ... Show More
34m 52s
Nov 2023
A Strategy to Treat Big Tech Like Big Tobacco
A historic set of new lawsuits, filed by more than three dozen states, accuses Meta, the country’s largest social media company, of illegally luring children onto its platforms and hooking them on its products.Natasha Singer, who covers technology, business and society for The Ne ... Show More
33m 36s
Aug 2023
How Meta’s news ban is affecting Canadians
On Monday, as people were still reeling from the devastation of the wildfires in B.C. and in the Northwest Territories, Prime Minister Justin Trudeau lashed out at Meta, the parent company of Facebook and Instagram, over its decision to block news from its platforms in Canada.
Th ... Show More
22m 59s
Jul 2023
Has Twitter Meta its match?
Meta is debuting Threads, its riff on Twitter, to rival the legacy social media platform. We’ll get into where the app might sit in today’s social media landscape and question why Meta would want a piece of Twitter’s notoriously unprofitable pie. And, how the U.S. workforce is ch ... Show More
19m 50s