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US states probing TikTok’s effects on young people

US states probing TikTok’s effects on young people

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The investigation focuses on the methods and techniques utilized by TikTok to boost young user engagement. The probe will also look at what the company knew about its role in perpetuating those harms. TikTok, which is owned by the Chinese company, did not immediately respond to a request for comment. Massachusetts Attorney General Maura Healey said on Wednesday several states have launched a bipartisan, nationwide probe of TikTok, focusing on whether the popular video-sharing app causes physical or mental health harm to young people. The probe will also look at what the company knew about its role in perpetuating those harms. "The investigation focuses, among other things, on the methods and techniques utilized by TikTok to boost young user engagement, including increasing the duration of time spent on the platform and frequency of engagement with the platform," Healey's office said in a statement. Related items Tik tok video of prisoner involved in a murder case goes viral ´We are not the enemy´: Tik Tok claims it helps competition in the US market US looking into accusations Tik Tok violated children's privacy: sources TikTok, which is owned by the Chinese company ByteDance, did not immediately respond to a request for comment. The investigation is being led by a bipartisan coalition of attorneys general from California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee, and Vermont and are joined by others, according to a statement from the Tennessee attorney general's office.
  • The investigation focuses on the methods and techniques utilized by TikTok to boost young user engagement.
  • The probe will also look at what the company knew about its role in perpetuating those harms.
  • TikTok, which is owned by the Chinese company, did not immediately respond to a request for comment.

Massachusetts Attorney General Maura Healey said on Wednesday several states have launched a bipartisan, nationwide probe of TikTok, focusing on whether the popular video-sharing app causes physical or mental health harm to young people.

The probe will also look at what the company knew about its role in perpetuating those harms.

“The investigation focuses, among other things, on the methods and techniques utilized by TikTok to boost young user engagement, including increasing the duration of time spent on the platform and frequency of engagement with the platform,” Healey’s office said in a statement.

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TikTok, which is owned by the Chinese company ByteDance, did not immediately respond to a request for comment.

The investigation is being led by a bipartisan coalition of attorneys general from California, Florida, Kentucky, Massachusetts, Nebraska, New Jersey, Tennessee, and Vermont and are joined by others, according to a statement from the Tennessee attorney general’s office.

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Pakistan’s gold prices are still declining; see the most recent

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The price of 10-gram gold reduced by Rs943 to settle at Rs207,733, while the price of gold dropped by Rs1200 to close at Rs242,300 a tola, according to the Sindh Sarafa Jewellers Association.

In the global market, the price of the precious metal fell by $10 to $2,349 per ounce, resulting in losses.

At 04:48 GMT, the spot price of gold had dropped by 0.2% to $2,354.77 per ounce. In the previous session, prices reached a two-week high.

American gold futures dropped 0.6% to $2,361.

Spot silver decreased by 0.4% to $28.03 per ounce, while palladium remained steady at $978.03 and platinum decreased by 0.1% to $992.89.

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Pakistan and the IMF begin talks for a new loan.

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Pakistan is requesting a $6 to $8 billion bailout package from the international lender over the next three to four years to address its financial troubles.

A mission team led by Nathan Porter, the IMF’s Mission Chief in Pakistan, is meeting with a Pakistani delegation led by Finance Minister Muhammad Aurangzeb.

According to sources familiar with the situation, Islamabad may face more difficult options, such as raising power and gas bills.

Mr. Aurganzeb informed the IMF team that the country’s economy has improved as a result of the IMF loan package, and Islamabad is ready to sign a new loan programme to further develop.

The IMF mission expressed satisfaction with Islamabad’s efforts to revive the country’s struggling economy.

The IMF praised Pakistan’s economic growth in its staff report earlier this week, but warned that the outlook remains challenging, with very high downside risks.

The country nearly avoided collapse last summer, and its $350 billion economy has stabilized since the end of the last IMF program, with inflation falling to roughly 17% in April from a record high of 38% last May.

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Petrol prices are likely to drop significantly beginning May 16.

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According to sources, the government is set to decrease petrol prices by Rs 14 per litre and diesel prices by Rs 10 on May 16 for the next fortnight’s revision.

Last month, the government reduced the price of fuel and high-speed diesel by Rs5.45 and Rs8.42 per fortnight, respectively.

The current fuel price is Rs288.49 per litre, while the HSD price is Rs281.96.

Meanwhile, oil prices fell further on Monday, as signs of sluggish fuel consumption and comments from U.S. Federal Reserve officials dimmed optimism for interest rate reduction, which may slow growth and reduce fuel demand in the world’s largest economy.

Brent crude prices down 25 cents, or 0.3%, to $82.54 a barrel, while US West Texas Intermediate crude futures fell 19 cents, or 0.2%, to $78.07 per barrel.

Oil prices also declined on signals of poor demand, according to ANZ analysts, as gasoline and distillate inventories in the United States increased in the week before the start of the driving season.

Refiners throughout the world are dealing with falling diesel profitability as new refineries increase supply and warm weather in the northern hemisphere and weak economic activity reduce demand.

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