Teen mental health emergency visits decline in U.S. as pandemic eases, CDC says

(Reuters) – U.S. adolescents made fewer weekly emergency department (ED) visits for mental health conditions in Fall 2022 compared to a year earlier, researchers at the Centers for Disease Control and Prevention (CDC) reported on Thursday. By late 2022, pandemic restrictions had been loosened or lifted and adolescents had generally returned to schools, with better…

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Microsoft to defend Activision deal in gamers’ lawsuit in US court

By Mike Scarcella (Reuters) – Microsoft Corp on Friday will defend its $69 billion planned acquisition of “Call of Duty” maker Activision Blizzard Inc, in a private antitrust lawsuit in San Francisco federal court brought by video gamers who claim the deal will harm industry competition and should be stopped. At the hearing, U.S. District…

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Brazil’s crusading justice Moraes ratchets up fight with global tech giants

By Ricardo Brito BRASILIA (Reuters) -The head of Brazil’s electoral authority, Supreme Court Justice Alexandre de Moraes, delivered a stern warning to the world’s top tech companies on Wednesday, saying he would not let them undermine Brazil’s democracy. Moraes’ comments – which included the assertion that global tech giants “believe no jurisdiction in the world…

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Italy’s antitrust watchdog probes Apple over alleged app market abuse

By Alvise Armellini and Elvira Pollina ROME (Reuters) -Italy’s antitrust agency AGCM said on Thursday it had opened a probe into U.S. technology giant Apple Inc for alleged abuse of its dominant position in the apps market. The watchdog said Apple penalised third-party app developers by imposing “a more restrictive privacy policy” than it applies…

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Facebook owner Meta announces tests of generative AI ads tool

By Katie Paul and Sheila Dang NEW YORK (Reuters) – Social media giant Meta Platforms Inc joined the generative AI product race on Thursday, saying it would begin testing artificial intelligence-powered ad tools that can create content like image backgrounds and variations of written text. A select group of advertisers will be invited to experiment…

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Disney shares fall most since Iger’s return after streaming subscriber losses

By Aditya Soni (Reuters) -Walt Disney Co shares ended down more than 8% on Thursday as a surprise drop in streaming subscribers fanned worries that the media and entertainment company could be sacrificing growth in its bid to stem losses. The decline erased about $16 billion from the company’s market value and marked the stock’s…

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