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-5.33380744956643E-05 -0.000142057071739828 0.000675615610276461 0.00103351409014124 0.000640056893946153 0.00055116010312018 0.00113787892257087 0.00113787892257087
Stock impact report

Snap seeks to dismiss New Mexico lawsuit over child safety [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
exploitation on its messaging app Snapchat, arguing there were inaccuracies to the state's investigation. The lawsuit, brought by New Mexico Attorney General Raul Torrez in September, is among a series of efforts by U.S. lawmakers to hold tech companies accountable for harm to minors who use their services. In January, U.S. senators grilled the CEOs of Snap, Meta Platforms, TikTok, X and Discord, accusing the companies of failing to protect children from abuse and "sextortion," in which predators coerce minors into sending explicit photos or videos. As part of a months-long investigation, New Mexico set up a decoy account for a 14-year-old girl, which investigators said did not add any friends but quickly received suggestions from Snapchat to add users with explicit account names. In a filing in the first judicial court of New Mexico, Snap said the allegations were "patently false" and that the decoy account proactively sent many friend requests to certain users, contrary to the Show less Read more
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