Pivot States vs. Social Media, Adobe Acquires Figma, and Guest Marta Tellado
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Sep 20, 2022 Join Marta Tellado, the President and CEO of Consumer Reports and author of 'Buyer Aware,' as she dives into the vital need for consumer protection in the digital age. She discusses the implications of Texas's social media law on free speech and child safety. Marta emphasizes the importance of transparency in online marketplaces and highlights consumer activism's role in holding corporations accountable. With insights into Adobe's acquisition of Figma, the conversation navigates the ever-evolving landscape of consumer rights and corporate responsibility.
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Meta's Stock Crash
- Meta's stock is down significantly, nearing pandemic lows, due to falling sales.
- This decline is more severe than anticipated, impacting the company's market position.
Meta's Strategic Missteps
- Meta could have made different acquisitions or doubled down on existing social media instead of Reality Labs.
- Their current strategy is to invest heavily in short-form video, mimicking TikTok.
Texas Social Media Law
- Texas' social media law, which prevents platforms from removing posts based on viewpoint, is being challenged.
- It raises concerns about free speech, platform safety, and potential censorship.
