Observed Signal · Jun 21, 2024 · Policy Update · Source: Trending Topics · Impact: 4/5 · Sentiment: Negative
New York Passes Laws Against Addictive Social Feeds for Minors
New York Governor Kathy Hochul signed two bills on June 20, 2024, aimed at protecting minors from the harms of social media. The Stop Addictive Feeds Exploitation for Kids (SAFE) Act requires parental consent for platforms like Instagram and TikTok to use algorithmic, recommendation-driven feeds for users under 18. The New York Child Data Protection Act restricts data collection on minors and the sale of such information, taking effect in a year. New York becomes the latest state to act after Florida and Maryland passed similar measures earlier in 2024. Advocates, including Common Sense Media, urge for a comprehensive federal data privacy law, noting that state-level actions are important but insufficient.
Major state-level regulation in New York restricting algorithmic feeds and data collection for minors, directly impacting major social platforms like Meta and TikTok and their advertising/engagement models, with potential ripple effects across the industry.
Track Meta Signals & Market Shifts in Real-Time
Polaris7 autonomous intelligence agents track regulatory filings, primary sources, executive changes, and deal flow 24/7. Create your free Explorer workspace to monitor these entities.
Key Takeaways & Evidence Grounding
- New York Governor Kathy Hochul signed two bills targeting social media use by minors.
- The SAFE Act requires parental consent for addictive feeds for children under 18.
- The New York Child Data Protection Act restricts data collection and sale of minors' information, effective in one year.
- Florida and Maryland passed similar laws in 2024.
- Common Sense Media calls for a comprehensive federal data privacy law.
Connected Companies & Entities
2 Entities mapped“Social-Media-Feeds, die bei Meta oder TikTok für Milliardenumsätze sorgen......”
“Social-Media-Feeds, die bei Meta oder TikTok für Milliardenumsätze sorgen......”
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
Grok Bot Searches X, Integrates Rival AI Models
SpaceXAI has enhanced its AI agent Grok Bot with the ability to continuously search and analyze the entire X platform. Users can now deploy the agent for 24/7 social listening, brand monitoring, and trend analysis, similar to Google's Information Agents. Grok Bot will also integrate other AI models from competitors, such as Claude Opus 5.5, Midjourney, and Suno, depending on the task. This move signals a shift towards multi-model AI agents and expands the capabilities of AI-driven social media analytics.
Instagram Edits App Now Supports Carousel Creation
Instagram's Edits app now allows creators to create Carousel posts directly within the app, according to an announcement by Instagram's Creators account via Instagram and Threads. The feature is available immediately for iOS users, with an Android version expected soon. In a broadcast channel, Instagram head Adam Mosseri confirmed that users can mix photos and videos on any slide, connect images across slides, and use the same stickers, text effects, and cutouts used in video editing. This functionality aims to streamline content creation and boost engagement, as Carousels remain a popular format on the platform. Additionally, the Edits AI Assistant, which provides video ideas based on account metrics, is currently available only in the US. Meta continues to enhance its creator tools to support social media marketing efforts.
Global ad market grows 11.9% in 2026; print, TV weak
According to Warc Media's forecast, the global advertising market is set to grow by 11.9% in 2026 to $1.34 trillion, following 10% growth in 2024 and 2025. Key growth drivers include investments in AI and major events like the Olympics and the FIFA World Cup. Social media will see the strongest growth at 21.3% to $394.6 billion, followed by VOD, retail media, search, and DOOH. Traditional media declines: TV down 1.8%, print down 0.9%, and radio down 3.0%. Alphabet, Amazon, and Meta will capture a combined 59.7% of global ad spend outside China. The growth is expected to normalize to 8.4% in 2027 and 7.9% in 2028. AI is reshaping targeting, creative, and campaign optimization, and creating new ad environments like generative search.
Track Real-Time Market Signals & Shifts
Set up custom watchlists to receive automated, evidence-grounded executive digests whenever material signals or shifts occur across your tracked landscape.