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Consumer groups and child development experts petition Facebook to drop ‘Instagram for kids’ plan
A coalition of 35 consumer advocacy groups along with 64 experts in child development have co-signed a letter to Facebook asking the company to reconsider its plans to launch a version of Instagram for children under the age of 13, arguing that social media is linked with several risk factors for younger children and adolescents, related to both their physical health and overall well-being.
TikTok has become a powerhouse driving cultural trends and viral phenomenons among US teens, influencing teens' preferences when it comes to buying products, particularly in beauty and skincare. The brand is currently ranked as teens' No. 1 favorite skincore brand, CeraVe skyrocketed to the top in 2020 after being ranked at just No. 10 in 2019.
With flagship electric car, Mercedes takes fight to Tesla
Daimler AG unveiled the electric “sibling” of its flagship Mercedes-Benz S-Class luxury sedan, taking the fight to market-leader Tesla Inc. in the battle for market share as electric car sales take off. The EQS is the first in a family of Mercedes- Benz cars built on a dedicated electric vehicle platform built from the ground up.
