by AIP Online Bureau | Feb 19, 2024 | Eco/Invest/Demography, International News, Risk Management, Technology
Social media companies face mounting legal risks from claims that they use algorithms to get teenagers and adolescents addicted to their platforms. Meta was sued by the attorneys general of more than 30 states over similar claims in October. A month later, a judge in...
by AIP Online Bureau | Jan 23, 2024 | Banking & Bancassurance, International News, Regulation, Risk Management, Technology
Depositors pulled $42 billion from Silicon Valley Bank in just 10 hours. FSB Secretary General John Schindler said the watchdog is looking at how have deposit dynamics changed, what role has social media played, and what role has new technology played now that...
by AIP Online Bureau | Jan 2, 2024 | Data, Eco/Invest/Demography, Risk Management
The researchers said that while these social media giants may claim to be able to self-regulate their practices in reducing harm to young people, they are yet to do so. Social media giants like Instagram, X (formerly Twitter) and Snapchat collectively gained nearly...
by AIP Online Bureau | Dec 26, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation, Risk Management, Technology
“A formal advisory has been issued incorporating the ‘agreed to’ procedures to ensure that users on these platforms do not violate the prohibited content in Rule 3(1)(b),” Minister of State for Electronics and IT, Rajeev Chandradekhar said New Delhi: The...
by AIP Online Bureau | Dec 3, 2023 | Facts, Health, Risk Management
The strongest evidence of harm was seen when individuals were exposed to risky health behaviour content on social media, such as alcohol advertisements, especially when it came to alcohol consumption and poor eating Researchers found that youths who use social media...
