Economy - Page 5

‘Everyone’s Biggest Fear:’ Snapchat Fuels Teen Anxiety with ‘Friend-Ranking’ Feature

Snapchat’s friend ranking feature, part of its paid subscription service, is exacerbating feelings of insecurity and anxiety among teenagers by quantifying their social status within their friend group. The feature is just another example of how Silicon Valley titans place tremendous pressure on today’s teens to be part of the “in crowd,” leading one teen to explain, “It’s everyone’s biggest fear put onto an app.” 

Sad desperate young girl suffering from bulling and harassment at school - stock photo

Lawsuit: Facebook Gave Netflix Access to Private User Messages, Scuttled Video Service for Sweetheart Ads Deal

Newly unsealed court filings from the antitrust lawsuit against Mark Zuckerberg’s Meta reveal that Facebook’s short-lived streaming service, “Watch,” was allegedly shut down to protect an advertising deals with Netflix. The sweetheart deal between the two Silicon Valley giants also including giving the streaming platform access to Facebook analytics and even access to private user messages.

Facebook CEO Mark Zuckerberg arrives for the 8th annual Breakthrough Prize awards ceremony