A bipartisan group of state attorneys general on Wednesday launched an investigation into whether TikTok is designing and operating its short-form video app in a way that harms the physical and mental health of children and teens. The eight states, including Massachusetts, California and Florida, are probing whether TikTok violated state consumer protection laws and posed public safety risks....
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
We’re in the middle of Chinese New Year celebrations at the start of the Year of the Rabbit. At Meta Platforms, though, it’s the “year of efficiency,” as CEO Mark Zuckerberg declared Wednesday on announcing fourth-quarter results. Investors such as Altimeter Capital, which last fall called on Meta to streamline, will be happy. It’s just a pity that Meta, like much of big tech, appears to have...
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Meta Declares ‘Year of Efficiency’ as Revenue Stagnates
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