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.
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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.
The annual 3% increase affects trains, buses, light rail and the Access Link. It comes as commuters have been dealing with service issues.
Prosecutors across New York City say they're fighting back against an increase in crimes involving cryptocurrency, but it appears they have their work cut out for them.
Riley Greene hit two of Detroit's four homers off Cam Schlittler as the Tigers beat the Yankees 9-3 on Tuesday night and sent New York to its season-worst sixth straight loss.
Nolan McLean and three relievers combined on a six-hitter, Francisco Alvarez and Luis Torrens both hit solo home runs and the Mets beat the Blue Jays 3-0 on Tuesday night.
Miss Subways was a citywide contest that highlighted everyday New York women doing amazing things. The competition no longer exists but former titleholders say the message still rings true.
Prosecutors across New York City say they're fighting back against an increase in crimes involving cryptocurrency, but it appears they have their work cut out for them.
Miss Subways was a citywide contest that highlighted everyday New York women doing amazing things. The competition no longer exists but former titleholders say the message still rings true.
Leonora Campbell was killed in a hit-and-run just after buying food for someone at around 2:30 p.m. Monday, her granddaughter said.
A breakthrough treatment for debilitating tremors is changing lives. It can stop shaking caused by essential tremors and, in some patients, tremors caused by Parkinson's disease.
As many as 300,000 Haitians face removal from the United States, as the Trump administration moves to end their temporary protected status.
The New York, New Jersey area is preparing for extreme heat as cooling centers, pools, parks and other resources get ready to keep residents cool.
Dangerously hot weather is beginning in the New York City area, with an Extreme Heat Warning about to go into effect.
Monday's severe weather has come and gone, but that doesn't mean the system is leaving the area.
After a tranquil, warm weekend, more turbulent weather lies ahead in the New York City area.
Weather is tranquil and pleasant in the New York City area for Father's Day weekend as summer officially begins.
The annual 3% increase affects trains, buses, light rail and the Access Link. It comes as commuters have been dealing with service issues.
The New York, New Jersey area is preparing for extreme heat as cooling centers, pools, parks and other resources get ready to keep residents cool.
Traffic will be impacted in Midtown Manhattan as the city initiates shuttle bus corridors and street closures to accommodate World Cup ticketholders.
The anticipated pain of a massive property tax increase in Jersey City has been alleviated somewhat.
Jersey City residents are fired up and frustrated, as city leaders reconsider a proposed property tax hike that could raise bills by about 20%.
A breakthrough treatment for debilitating tremors is changing lives. It can stop shaking caused by essential tremors and, in some patients, tremors caused by Parkinson's disease. CBS News New York's Carolyn Gusoff reports.
A breakthrough treatment for debilitating tremors is changing lives. It can stop shaking caused by essential tremors and, in some patients, tremors caused by Parkinson's disease.
A coach bus slammed into a car, flipped over and hit two other cars on Monday night near the Greenpoint Avenue exit on the Long Island Expressway.
Prosecutors described how 36-year-old Olivia Bithorn's long history of alcohol abuse allegedly led to her 18-month-old son's death.
A Long Island school district official is accused of trashing ballots to rig an election.
As many as 300,000 Haitians face removal from the United States, as the Trump administration moves to end their temporary protected status.
The mother of a Loyola University freshman who was shot and killed in March delivered tearful testimony on Capitol Hill on Tuesday.
After lengthy and hard-fought negotiations, Mayor Zohran Mamdani and members of the City Council reached a budget deal Tuesday just hours before the deadline.
The Supreme Court on Tuesday struck down President Trump's executive order seeking to end birthright citizenship.
The Supreme Court upheld state laws from West Virginia and Idaho that restricted participation by transgender athletes in girls' and women's sports.
A federal judge has temporarily blocked the Justice Department from executing subpoenas in a criminal probe that sought transgender care records for patients treated at New York hospitals.
An off-duty EMT jumped into action at the Knicks parade Thursday when a man appeared to be suffering from an overdose.
New York broadcast giant Bill Ritter announced Friday he is stepping down from the WABC anchor desk after being diagnosed with early stage Alzheimer's.
For half a century, The Valerie Fund has been dedicated to providing care to children with cancer and blood disorders.
A New Jersey nonprofit called The Valerie Fund is celebrating 50 years of providing comprehensive care to children with cancer and blood disorders.
Taylor Swift has had a decadeslong history with Madison Square Garden, performing there as early as 2003 and even celebrating her 30th birthday at the venue.
Taylor Swift and Travis Kelce's wedding plans include a rehearsal dinner and a late-night celebration at Madison Square Garden in New York City, according to sources familiar with the security planning.
Legendary music executive Clive Davis was laid to rest Monday at a private funeral. Davis helped the careers of generations of artists.
The comic icon behind "Curb Your Enthusiasm" brings his own perspective to America's storied past in a new HBO sketch comedy series – finally making use of his history major from college.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
Riley Greene hit two of Detroit's four homers off Cam Schlittler as the Tigers beat the Yankees 9-3 on Tuesday night and sent New York to its season-worst sixth straight loss.
Nolan McLean and three relievers combined on a six-hitter, Francisco Alvarez and Luis Torrens both hit solo home runs and the Mets beat the Blue Jays 3-0 on Tuesday night.
Casey Mize matched a career high with 10 strikeouts over seven innings and the Tigers capitalized on shoddy defense by the slumping Yankees in a 7-3 victory Monday night.
George Springer capitalized on two miscues to circle the bases, Trey Yesavage pitched into the seventh inning and the Blue Jays beat the bumbling Mets 2-1 on Monday night.
Jarren Duran singled home the winning run to cap a three-run rally in the 10th inning, and the Red Sox finished a four-game sweep of the rival Yankees with a 5-4 victory Sunday night.
Miss Subways was a citywide contest that highlighted everyday New York women doing amazing things. The competition no longer exists but former titleholders say the message still rings true.
Fans gathered at the Brooklyn Public Library on Thursday for limited-edition card marking 30 years of "Reasonable Doubt."
After learning to swim in her 40s, one school leader is helping students gain life-saving skills.
Entrepreneurs in Brooklyn are reimagining laundry day as a social experience, turning neighborhood laundromats into gathering spaces.
Experts say the team's title run created a feeling of collective joy and connection, while some local businesses are also seeing a boost from the celebration.
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.
NJ Transit tickets just got more expensive as a 3% fare hike went into effect systemwide Wednesday. CBS News New York's Naomi Ruchim reports.
The first Revolutionary War boat known to exist was discovered deep in Lower Manhattan. CBS News New York's Mary Calvi reports.
The 17-year-old law is meant to help first responders on the scenes of emergencies, but there had been some pushback over concerns of replacement costs.
Preparations are already underway for New Yorkers to stay safe during the heat wave ahead of the Fourth of July holiday weekend. CBS News New York's Christina Fan reports.
An Extreme Heat Warning starts Wednesday for the entire Tri-State Area with feels-like temperatures in the 100s. CBS News New York Meteorologist Tony Sadiku has the forecast.
