Meta Platforms (META) is testing new ways for Instagram users to verify their age, starting with users in the United States.
The technology sector has been crushed this year, but there are some opportunities for investors who look through a long-term lens.
(Bloomberg Businessweek) -- Alyssa McKay used to work part-time at a frozen yogurt store in Portland, Oregon, making minimum wage to cover her college tuition. Now the 22-year-old earns more than $100,000 a year on the short-video platform TikTok. Brands like Coach, Netflix and Amazon Prime Video pay up to reach her 9 million followers, mostly teenage and pre-teen girls who wouldn’t dream of visiting Facebook.Most Read from BloombergSupreme Court Overturns Roe, Transforming Abortion-Rights Fight