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-6.17576219198994E-05 8.25493546328414E-05 0.00100850196595092 0.00150276880004933 0.0047347510138542 0.00481297733495268 0.00376721493711012 0.00704036889886152
Stock impact report

4 major Canadian school boards say TikTok, Meta, and Snapchat have 'rewired' students' thinking in new lawsuit [FOX News]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: FOX News
Four of the largest school boards in the Canadian province of Ontario said Thursday they launched lawsuits against TikTok, Meta and SnapChat alleging the social media platforms are disrupting student learning. The lawsuits claim platforms like Facebook and Instagram are "designed for compulsive use, have rewired the way children think, behave, and learn" and teachers have been left to manage the fallout. Meta Platforms Inc. owns Facebook and Instagram, while Snap Inc. owns SnapChat and ByteDance Ltd. owns TikTok. Rachel Chernos, a trustee for the Toronto District School Board, said teachers and parents are noticing social withdrawal, anxiety, attention problems, cyber bullying and mental health issues. "These companies have knowingly created programs that are addictive that are aimed and marketed at young people and it is causing significant harm and we just can't stand by any longer and not speak up about it," she said. Dozens of U.S. states, including California and New Y Show less Read more
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