Harvard study estimates social media companies making billions off kids
The findings are the first to estimate just how much money the six most popular social media platforms get from annual advertising.
Watch CBS News
The findings are the first to estimate just how much money the six most popular social media platforms get from annual advertising.
As artificial intelligence becomes more powerful, the companies developing it are largely keeping their technology closely guarded. An exception is Meta, the owner of Facebook, which is emphasizing open sourcing in development. Yann LeCun, a Meta developer and one of the "Godfathers of A.I.," said such work is necessary. Brook Silva Braga has more.
Meta wants children and teens on Facebook and Instagram as long as possible so it can collect and sell their personal data, state prosecutors allege.
The social media company has hidden the dangers of its platforms from the public with profit in mind, dozens of attorneys general allege.
Thirty-three states -- including New York, New Jersey and Connecticut -- have filed a joint lawsuit against Meta, the parent company of Facebook and Instagram, claiming its social media platforms are addictive to children and teens. Read more: https://cbsloc.al/3MdcqCF
The application to collect part of Meta's data privacy settlement is simple, requiring only a few minutes to fill out.
Elon Musk says the rebranding will see Twitter evolving into payments, banking and commerce, to go along with messaging.
The social-media service, which debuted Wednesday night, is the fastest-growing app of all time, outpacing ChatGPT.
The CEO of Facebook's parent company is trying to position Threads as a direct challenger to Twitter.
The social media company debuted the new service on July 5, a day earlier than expected. It also has a sneaky way to get a download.
The Meta CEO tweeted at Musk as he says more than 10 million people signed up for his Twitter-rival app Threads within hours of its launch.
In particular, transgender, non-binary and gender non-conforming users are subject to hate speech and harassment on social media, the report found.
Meta this week announced that it was mandating that all workers return to the office for three days a week starting in September.
A European Union regulator said Meta's infringement was "very serious since it concerns transfers that are systematic, repetitive and continuous."
The bill would also require children ages 13 to 17 to receive parental consent to create a social media account.
Zuckerberg said funding low-priority projects is costly and company functions better as leaner organization.
The Supreme Court is for the first time considering the scope of Section 230, which provides legal immunity to online companies for content posted by third parties.
The former president's Facebook and Instagram privileges were suspended after the January 6, 2021 assault on the U.S. Capitol.
Earlier this month, Trump's presidential campaign asked Meta to reinstate him on the social media platform.
Facebook's parent company Meta says it will restore former President Donald Trump's Facebook and Instagram accounts in the coming weeks.
"I got this wrong," admits CEO Mark Zuckerberg as his company grapples with faltering revenue and broader tech industry woes.
A year ago, Facebook's parent company was worth $1 trillion. But a risky bet on the metaverse has investors worried.
The company suspended the former president's account for two years after the January 6th riots at the U.S. Capitol.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
The Philadelphia Union beat the New York Red Bulls 3-1 on Wednesday night for their first win in more than three months.
The New York Yankees beat the Pittsburgh Pirates 2-0 Wednesday night for a doubleheader split.
Edison, one of New Jersey's largest municipalities, has furloughed hundreds of workers as they deal with budget woes.
Joey Ortiz went 3 for 3 and was a homer away from the cycle to help the Brewers defeat the Mets 4-3 on Wednesday.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
There was a public hearing on Tuesday night over a proposed Islamic boarding school and mosque in the Long Island hamlet of Bay Shore.
New York City says the average bus speed on Fordham Road in the Bronx is 5 mph, which is why ground was broken Wednesday on a major redesign.
The National Weather Service on Wednesday confirmed four tornadoes touched down in northern New Jersey and New York during severe storms on Tuesday.
A man pretending to be a utility worker was arrested for brandishing a gun, grabbing a woman's neck and taking her purse, the NYPD said.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
Stormy weather will return to the New York City area Tuesday after a brief reprieve.
Storms brought flooding rains, damaging winds, hail and lightning to New York and New Jersey on Saturday.
While the air quality is improving, haze still lingers as New Yorkers brace for upcoming rain and possibly severe storms Saturday.
A tornado warning was issued in parts of New Jersey on Thursday evening.
Edison, one of New Jersey's largest municipalities, has furloughed hundreds of workers as they deal with budget woes.
The National Weather Service on Wednesday confirmed four tornadoes touched down in northern New Jersey and New York during severe storms on Tuesday.
There were two confirmed tornadoes in northern New Jersey on Tuesday.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
There have been major developments in the case of a social media influencer who was gunned down last summer on the Cross County Parkway in Westchester.
There was a public hearing on Tuesday night over a proposed Islamic boarding school and mosque in the Long Island hamlet of Bay Shore.
An electrical transformer caught fire outside the Nassau County Court Building on Long Island on Tuesday.
There was a special celebration at Long Island Children's Hospital on Tuesday for two facility dogs who bring comfort to young patients. CBS News New York's John Dias reports.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
Severe weather impacted the entire region on Tuesday, with watches and warnings throughout the CBS News New York viewing area.
New York City says the average bus speed on Fordham Road in the Bronx is 5 mph, which is why ground was broken Wednesday on a major redesign.
A June 1 trial date was set Wednesday for Nicolás Maduro and his wife to face drug trafficking charges.
New York City Mayor Zohran Mamdani conceded late Tuesday that the city does not have the authority to arrest Israeli Prime Minister Benjamin Netanyahu.
Despite promises of action from Mayor Zohran Mamdani, the blocks-long homeless encampments on the West Side of Manhattan continue to stir controversy.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Thirty-four cooling towers at 33 buildings on the Upper East Side tested positive for live Legionella bacteria, the New York City Health Department announced Tuesday.
An attorney representing an Upper East Side woman whose husband just died from Legionnaires' disease is planning to take legal action.
Studies show older adults are among the safest drivers on the road, but crashes involving seniors are on the rise.
For the third day in a row, the NYC Health Department has announced a death in the Upper East Side Legionnaires' disease cluster.
A second death has been reported in connection to the Legionnaires' disease cluster on the Upper East Side, health officials said Saturday.
Madonna, Justin Bieber, BTS and Shakira each brought a bit of one of their hits to the World Cup's first halftime show in a whirlwind performance Sunday that also squeezed in Burna Boy, Ted Lasso and many Muppets.
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
New Zealand actor Sam Neill, known for "Jurassic Park" and "The Piano," died Monday at 78, his family says.
The final show of Jay-Z's anniversary concert series at Yankee Stadium was delayed for hours after hundreds of ticketless fans flooded the gates and breached security, according to officials.
Jay-Z and some very special guests took over Yankee Stadium on Friday night, performing to a sold-out crowd.
The Philadelphia Union beat the New York Red Bulls 3-1 on Wednesday night for their first win in more than three months.
The New York Yankees beat the Pittsburgh Pirates 2-0 Wednesday night for a doubleheader split.
Joey Ortiz went 3 for 3 and was a homer away from the cycle to help the Brewers defeat the Mets 4-3 on Wednesday.
Jared Triolo and Jake Mangum hit run-scoring singles against Fernando Cruz in the 10th inning, lifting the Pirates to a 5-3 win over the Yankees in the opener of a day-night doubleheader.
The New York Mets blanked the Milwaukee Brewers 4-0 on Tuesday night.
Parents in Harlem say their children's walk to summer camp is littered with trash, illegal dumping and a growing encampment.
A specialized program from God's Love We Deliver is serving nearly 400 veterans with medically tailored meals, while helping combat isolation and ease the challenges of life after military service.
The Newtown Creek Alliance community science project gives students hands-on experience monitoring the health of one of the most polluted waterways in the U.S.
The FIFA World Cup is delivering a business boost for many bars and restaurants across New York City, but not every industry is seeing the same payoff.
Two Upper West Side children went on a mission to visit 40 playgrounds in one day, hoping to set a record.
People dressed in elaborate headgear and paraded up Fifth Avenue for New York City's Easter Sunday tradition.
The Halloween tradition strolled through Manhattan's East Village on Sunday, with furry friends dressed in colorful costumes.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The annual Easter Parade and Easter Bonnet Festival was held in Manhattan on April 20, 2025.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
People are paying thousands of dollars for tickets to Christopher Nolan's "The Odyssey" in IMAX 70mm.
There is a partial government shutdown in one of New Jersey's largest municipalities. Edison has furloughed hundreds of workers. The mayor says it's impacting public safety and more. CBS News New York's Lisa Rozner reports.
Mayor Zohran Mamdani was asked Wednesday about criticism over how the city health department has handled the Upper East Side Legionnaires' disease cluster.
A man living in a nearby encampment told CBS News New York on Tuesday, when one site is cleared, people just move onto the next. CBS News New York's Kristine Johnson reports.
Investigators say he entered the cab on July 11 and demanded money and the car keys and then shot the 21-year-old driver in the face when he tried to get out of the car. CBS News New York's Jessica Moore reports.
