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U.S. school district blames social media for worsening mental health among students

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Seattle’s public school district has filed a lawsuit, which claims social media is driving poor mental health

Students are suffering from a mental health crisis spurred by big tech, according to a lawsuit filed by the Seattle public school district.

It claims the school’s ability to educate has been impacted by the mental health crisis.

The lawsuit was filed against Alphabet, Meta, and ByteDance—the parent companies of Google; Facebook; and TikTok respectively.

The U.S. District Court heard the social media companies purposefully designed their platforms to lure younger people, and are behind a rising mental health crisis in the U.S.

Schools have reportedly been forced to take additional steps to train teachers, and work with students to alleviate their mental health concerns.

“Defendants have successfully exploited the vulnerable brains of youth, hooking tens of millions of students across the country into positive feedback loops of excessive use and abuse of Defendants’ social media platforms,” the lawsuit said.

In emailed statements to Reuters, Google said it has introduced “strong protections and dedicated features to prioritize their well being.”

The lawsuit seeks compensation for monetary damages and other penalties.

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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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