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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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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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