Meta Platforms Reportedly Stopped Research Into Social Media Harms
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Meta Platforms reportedly halted internal research into the harms caused by its social media platforms, including Facebook and Instagram. The research, part of Project Mercury, showed negative impacts of social media use. The findings are part of a legal brief in a case against social media companies, alleging they were aware of mental health harms but failed to act. Meta claims the study was flawed. META stock is down 1% this year, trading at $594.25 per share.
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