TikTok sued for 'wreaking havoc' on teen mental health

Published On Oct 8, 2024, 11:47 AM

A coalition of 14 U.S. states has filed a lawsuit against TikTok, accusing the platform of contributing to a mental health crisis among teenagers. The attorneys general claim that TikTok engages in practices that promote addictive behavior and misrepresents the platform as safe for children. The lawsuit references various harmful effects associated with TikTok, including dangerous challenges and adverse mental health outcomes. Additionally, it seeks to prevent TikTok from misusing certain features and asks for financial penalties. TikTok is also facing ongoing legal challenges regarding its operations in the U.S.

Stock Forecasts

Given the legal troubles TikTok is facing, including potential bans and increased scrutiny, companies that could directly compete or provide alternatives to TikTok may see an uptick in interest and usage. Additionally, companies in the social media space may face regulatory challenges as government focus intensifies on user safety.

Related News

A bipartisan group of 14 attorneys general accuse the company of using addictive features to hook children.

Some app makers worry that a subtle change to the iPhone’s contact-sharing permissions could make it hard for them to get the fast growth they need to compete.

META
SNAP
AAPL

TikTok will be in federal court on Monday, aiming to block a new law that will ban the popular video app in the United States early next year.

SNAP
META
GOOGL