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home / articles / TECH - Ron DeSantis-Led Ban On Social Media For Kids Has The Support Of This Billionaire Investor: 'Obvious And Sensible Thing' | Benzinga


TECH - Ron DeSantis-Led Ban On Social Media For Kids Has The Support Of This Billionaire Investor: 'Obvious And Sensible Thing' | Benzinga

Chamath Palihapitiya, a prominent billionaire tech investor and venture capitalist, has expressed support for government regulation of social media use among teenagers, citing the potential for improved mental health and parental reinforcement.

What Happened: On Saturday, Palihapitiya took to X, formerly Twitter, and posted about the challenges he faces as a parent trying to limit his teenagers’ social media use. He welcomed government intervention as a form of reinforcement, particularly if it is backed by research on mental health impacts. He suggested that such regulation could help frame the long-term effects of social media use, much like other impactful products or technologies.


Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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