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Meta Faces New California Engagement Rules as AI and Youth Bills Pass

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The Story

News Summary

  • California enacted 13 bills restricting social media features like infinite scrolling and autoplay for users under 16, imposing fines up to $1 million per violation.
  • While Meta shares rose initially, the required redesign of engagement algorithms presents downside risks to advertising inventory and personalization.
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META price history

648.03 +5.98% over the displayed period

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