05:58:02 EDT Sat 18 May 2024
Enter Symbol
or Name
USA
CA



Meta CDR (CAD Hedged)
Symbol META
Shares Issued 5,950,000
Close 2024-02-05 C$ 25.86
Market Cap C$ 153,867,000
Recent Sedar Documents

NP says Meta, rivals not doing youth any favours

2024-02-05 08:54 ET - In the News

Also In the News (C-AMZN) Amazon.com CDRs (CAD Hedged)
Also In the News (C-GOOG) Alphabet Inc CDRs (CAD Hedged)

The National Post reports in its Saturday, Feb. 3, edition that the chief executive officers of five major tech companies just went down in flames so badly before the U.S. Senate judiciary committee, over social media's effects on children. The Post's John Robson writes that their platforms are cunningly designed to lure people and trap them. They are especially dangerous for young people who lack the maturity to, say, consent to a sex change. The cross-partisan roasting of these wealthy, reckless nerds is remarkable partly because of the long-standing cross-partisan giddy enthusiasm for the "world wide web" generally and social media in particular. As the New York Times observed, "Meta's executives have testified 33 times since 2017 over issues such as election interference by foreign agents, antitrust and social media's role in the Jan. 6 storming of the U.S. Capitol -- but no federal law has been passed to hold the tech companies to account." Mr. Robson says the U.S. has the legislative framework totally wrong. It needs to make the social media giants legally publishers," as in fact they already are, and let the lawsuits begin. Or the decency.

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