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The big push to stop the ‘Instagram for Kids’ platform from launching

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The Attorney Generals of 44 US states are urging Facebook CEO Mark Zuckerberg to abandon plans to launch a version of Instagram for children under the age of 13.

The letter from the Attorney Generals warns how social media can be harmful to children’s physical, emotional, and mental wellness.

It follows reports from earlier this year that Instagram is planning to launch a version for pre-teen kids.

In a statement, Facebook says it is seeking to give parents more control over the content their children may be accessed online, and it will not show advertising on the platform.

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Money

Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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