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0.00368883312421579 0.00373902132998743 0 0.00125470514429106 0.00250941028858213 0.00878293601003768 0.00501882057716426 0.00752823086574661
Stock impact report

Florida sues Snapchat owner for allegedly addicting children, deceiving parents [Yahoo! Finance Canada]

Snap Inc. Class A (SNAP) 
Last snap inc. class a earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.snap.com/company-profile
Tuesday, accusing it of illegally employing features that addict children and opening accounts for children age 13 and younger. The complaint said Snapchat features including infinite scrolling, push notifications, auto-play videos, and metrics that provide user feedback violate a 2024 state law signed by Governor Ron DeSantis, and designed to protect children's mental health from compulsive social media exposure. Florida called Snap's conduct "particularly egregious" because the Santa Monica, California-based company markets Snapchat as safe for 13-year-olds though it can be used to view pornography and buy drugs, among other harmful activities. By failing to remove 13-year-old users and require parental consent for 14- and 15-year-old users, "Snap is actively deceiving Florida parents about the risks of allowing their teens to access this platform," the complaint said. The complaint was announced by Florida Attorney General James Uthmeier and filed in a Santa Rosa County sta Show less Read more
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