States sue TikTok over addictive design harming youth mental health
More than a dozen states and the District of Columbia filed lawsuits alleging TikTok’s algorithm and features are built to addict children. The actions, part of a national probe from 2022, target for you feeds, endless scrolling, push notifications, and filters, echoing prior suits against Meta YouTube. The DC suit labels the platform dopamine inducing and asks courts to curb or limit use amid possible bans under a new federal law.
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Disaster loan plan nears default in Hurricane Helene path
The SBA may run out of funding to back disaster loans as Helene’s destruction prompts aid offers to Florida Georgia North Carolina South Carolina Tennessee and Virginia. Biden urges Congress to replenish funds within weeks while Milton hurricane threatens Florida. Grants and loan terms vary with limits up to 2 million for business loans and 100 000 for homeowners.
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Stocks rebound as oil drops ease market pressure
U S stocks rise with the S&P 500 up 1 percent and the Dow gaining 126 points while the Nasdaq leads with a 1.4 percent lift. Brent crude slides 4.6 percent to 77.18 and U S crude falls to 73.57 easing bond yield pressures after volatile regional markets.
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