Sep. 11 at 11:21 AM
$META $SNAP $GOOGL $PINS $RDDT
California's Newsom signs bill restricting social media features for under-16s
California Governor Gavin Newsom said via X, formerly Twitter, that he has signed legislation "banning addictive social media features like infinite scroll for users under 16 and regulating chatbot companion usage by minors. California will not stand by while unregulated technology puts our children at risk." Publicly traded companies in the space include Meta Platforms (META), Alphabet (GOOGL), Pinterest (PINS), Reddit (RDDT) and Snap (SNAP).