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A documentary on teens and social media
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You’ve seen investigative reporter Olivia Carville’s work on teens and social media on the cover and in the pages of Bloomberg Businessweek. Now you can see it on the screen. Read on about a new Bloomberg documentary. Plus: Read more about the rise of the chipmaker Nvidia, and elaborate Indian weddings go abroad.

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“We need to stop buying the BS that these social media companies are telling us, and take back the power from them,” Amy Neville, who’s suing Snap Inc. over the death of her 14-year-old son, says in Bloomberg’s new documentary Can’t Look Away.

The film, which is streaming today on Jolt, is about a generation of children who have become so addicted to social media they quite literally can’t look away from their screens. It follows a small and scrappy group of attorneys fighting to hold social media companies accountable for causing devastating harm to kids. They represent cases where teens have killed themselves after being fed suicidal methods by algorithms or subjected to ruthless blackmail by international gangs of cyber-sextortionists or—like Neville’s son—sold deadly counterfeit pills by drug dealers who market to them online and deliver through bedroom windows.

For the past three years, I’ve been traveling the country investigating the dangers of the digital world for Bloomberg Businessweek. I’ve interviewed hundreds of people—from the trust and safety professionals who work inside these companies to teachers, police, prosecutors, lawmakers and experts. I’ve met families who’ve lost children in Arkansas, California, Florida, Kansas, Louisiana, Michigan, New York and Wisconsin. I’ve read too many suicide notes on smartphones.

Can’t Look Away is based on that body of work. The documentary takes viewers inside the high-stakes battle for corporate accountability—and while parts of the film can be difficult to watch, it chronicles one of the most essential issues of our time. “We are going through a digital crisis for our kids,” says Laura Ordoñez, the head of digital content at Common Sense Media, a nonprofit that advocates for kids’ digital well-being. “It’s a real public health crisis.”

Parents of social media victims attend a US Senate Judiciary Committee hearing, “Big Tech and the Online Child Sexual Exploitation Crisis,” in January 2024. Source: Can’t Look Away

To bring this story to the screen, we filmed dozens of grieving parents rallying outside Snap. Inc’s headquarters, congressional hearings where Meta Platforms Inc. CEO Mark Zuckerberg was accused of having blood on his hands, teen depositions, whistleblower interviews and legal strategy meetings at the Social Media Victims Law Center. In the film, the center’s founding attorney, Matthew Bergman, says the recommendation algorithms powering the world’s biggest social media apps “are not showing our kids what they want to see; they’re showing you what they can’t look away from.”

None of these cases has gone to trial yet. Defendants Meta, Snap and TikTok dispute the allegations in the lawsuits and have filed multiple motions to dismiss the cases, saying they’ve spent billions of dollars safeguarding their platforms from digital dangers. The companies have updated their products to better protect kids in recent years, including rolling out more advanced parental control tools, stricter safety settings on teen accounts and features encouraging kids to wind down and log off at night. But, with billions of users worldwide—including 95% of teens in the US—it’s impossible for these companies to catch everything, even harmful content that violates their own rules. As experts, attorneys, parents and teens point out in the film, the dangers persist—and they can be deadly.

Watch the film here
More info, plus a discussion guide, here

Read more:
Social Media Victims Are Ready to Be Heard
How to Keep Your Kids Safe Online

In Brief

  • US stocks tumbled at the opening bell and bonds rallied as China kicked off the next stage of the global trade war with new tariffs on US products.
  • A South Korean court has removed President Yoon Suk Yeol from office over his declaration of martial law.
  • Republicans are considering creating a new tax bracket for those earning $1 million or more, with a top rate of around 39% to 40%.

As President Donald Trump’s trade war rattles global markets, Bloomberg Surveillance goes beyond the headlines with special coverage on Sunday, April 6, from 5 p.m. to 7 p.m. ET. Join hosts Jonathan Ferro and Lisa Abramowicz for real-time insight from top economists, market strategists and policymakers. Watch on Bloomberg.com/live and TV<GO> on the Terminal.

New Books on the History of Nvidia and Its CEO

Last July, Meta Platforms Inc. Chief Executive Officer Mark Zuckerberg sat onstage at a conference with Nvidia Corp. CEO Jensen Huang, marveling at the wonders of artificial intelligence. The current AI models were so good, Zuckerberg said, that even if they never got any better it’d take five years just to figure out the best products to build with them. “It’s a pretty wild time,” he added, then—talking over Huang as he tried to get a question in—“and it’s all, you know, you kind of made this happen.”

Zuckerberg’s compliment caught Huang off guard, and he took a second to regain his composure, smiling bashfully and saying that CEOs can use a little praise from time to time. He might not have acted so surprised. After decades in the trenches, Huang has suddenly become one of the most celebrated executives in Silicon Valley. The current AI boom has been built entirely on the graphics processing units that his company makes, leaving Nvidia to reap the payoff from a long-shot bet Huang made far before the phrase “large language model” meant anything to anyone. It only makes sense that people like Zuckerberg, whose company is a major Nvidia customer, would take the chance to flatter him in public.

Modern-day Silicon Valley has helped cultivate the mythos of the Founder, who puts a dent in the universe through a combination of vision, ruthlessness and sheer will. The 62-year-old Huang—usually referred to simply as Jensen—has joined the ranks. Two recent books, December’s The Nvidia Way (W. W. Norton), by Barron’s writer (and former Bloomberg Opinion columnist) Tae Kim, and The Thinking Machine (Viking, April 8), by the journalist Stephen Witt, tell the story of the company’s rapid rise. In doing so, they try to feel out Huang’s place alongside more prominent tech leaders such as Steve Jobs, Elon Musk and Zuckerberg.

Joshua Brustein reviews the two books hereNvidia’s Jensen Huang Doesn’t Want to Talk About the Dangers of AI

A Wedding Abroad With a Taste of Home

Abhishek Bajaj and Parasha Dhanda at their wedding in Vietnam. Source: Light Chamber

Abhishek Bajaj and Parasha Dhanda met at a friend’s wedding in Agra, home of the Taj Mahal. While they loved the energy and festive mood, they knew only a handful of the 300 guests. So when the couple began planning their own nuptials, they wanted a more intimate atmosphere. Since a wedding at home would have required hundreds or even thousands of guests to satisfy their family and friends, they chose a resort on Phu Quoc island in Vietnam, where they knew fewer people would likely attend.

Going overseas, though, raised some unexpected hurdles: The island didn’t have a horse for Bajaj to ride as part of the baraat—the groom’s lively procession in Hindu celebrations. So they brought one over by ferry and truck from Ho Chi Minh City, 250 miles to the east. And to ensure a sufficiently Indian atmosphere for their 180 guests, they flew in more than two dozen musicians and entertainers. “It was 1,000% the wedding of our dreams,” says Bajaj, a 29-year-old stock trader. “We got to spend time with our guests, and everyone really got to know each other.”

From call center workers to Bollywood stars and billionaire tycoons, Indians tend to spend lavishly on their weddings—multiday affairs filled with sacred rituals, glittering jewelry, sumptuous meals, live music and choreographed dances.

Growing numbers of millennial professionals, though, are bucking tradition in favor of more intimate celebrations, and increasingly, they’re taking their matrimonial festivities to locales across Asia and beyond.

K Oanh Ha writes about the countries looking to attract these multiday celebrations: India’s Destination Weddings Fuel a New Tourist Economy

Oil Rout

10% 
That’s how much benchmark Brent crude has lost in two days, sinking to its lowest price in more than three years as traders digested a surprise output increase by OPEC+ and the rapidly escalating global trade war.

Wellness for Cars?

“These wellness programs are a delusion. This is a product planners’ hallucination of why consumers are buying vehicles.”
Alexander Edwards,
President of Strategic Vision, a consulting firm that conducts surveys with buyers of new cars
Massage and meditation programs, as well as aromatherapy, are now being offered in some high-end vehicles. Does anybody actually want these perks?

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