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المشهد العربي
Meta shares fall over youth social media concerns
Meta's stock price dropped by 3.37% to $549.80 amid concerns over lawsuits related to the company's platform designs that may promote adolescent addiction. The company faced a federal court in the United States on charges of deception and encouraging addiction. The potential compensation costs are estimated to range between $200 billion and $1.4 trillion. Meanwhile, rising bond yields and oil prices have led to an overall decline in the technology sector.
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