Yahoo

Parents could see their phone-obsessed children changing and succumbing to distress. Now we know the true horror of what happened.

Yahoo

(Updates to add Google's response in the eighth paragraph.) Australia passed a law Thursday banni

SeekingAlpha

Snap's valuation multiples are onerous (at >30x adjusted EBITDA), making it best to move to the sidelines and lock in any gains. Explore more here.

Yahoo

The Prime Minister of Australia said the country “delivered on its commitment to support parents and protect young people by setting a minimum age of 16 years for social media, with legislation passing Parliament today.” The Online Safety Amendment Bill 2024 places the onus on social media platforms – not young people or their parents – to take reasonable steps to prevent Australians under 16 years of age from having accounts, and ensures systemic breaches will see platforms face fines of up to

Yahoo

Citi raised the firm’s price target on Snap (SNAP) to $13 from $11 and keeps a Neutral rating on the shares. The firm says that with watch time growing globally, advertisers doubling in Q3, and margins expanding, it is encouraged with Snap’s Q3 results. However, the company’s brand advertising remains challenged and its Simple Snapchat redesign roll-out through 2025 could impact engagement and monetization overall, the analyst tells investors in a research note. Published first on TheFly – the u

SeekingAlpha

Reddit entered a partnership with Google this year, which was a win-win situation for both.