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-9.81457993598698E-05 0.00012834450685499 -0.000226490306215031 -0.000452980612429891 -0.00140423989853244 0.000543576734915594 0.000845563809868855 0.000375369934166662
Stock impact report

New York to require social media platforms to display mental health warnings [Yahoo! Finance Canada]

Meta Platforms, Inc. - Class A (META) 
"Keeping New Yorkers safe ?has been my top priority since taking office, and that includes protecting our kids from the potential harms of social media features that encourage excessive use," Hochul said in a statement. This month Australia imposed a social media ?ban for children under ?16. New York joins states like California and Minnesota that have similar social media laws. The New York law includes ?platforms that offer "addictive feeds," auto play or infinite scroll, according to the legislation. The law applies to conduct occurring partly or wholly in New York but not ?when the platform is accessed by users physically outside the state. It ?allows the state's attorney general to bring legal action and seek civil penalties of up $5,000 per violation of the law. Hochul compared the social media labels to warnings on other products like tobacco, where they communicate the risk of cancer, or plastic packaging, where they warn of the risk ?of suffocation for small children Show less Read more
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