“I do think the worst of the used-vehicle market is upon us,” Cox Automotive Chief Economist Jonathan Smoke said. “I am optimistic that every month later this year will actually create strength in the used-vehicle market.”
By BARBARA ORTUTAY (AP Technology Writer)
Instagram and Facebook’s parent company Meta is adding some new parental supervision tools and privacy features to its platforms as social media companies face increasing scrutiny over their effects on teen mental health.
But many of the features require minors — and their parents — to opt in, raising questions about how effective the measures are. Instagram, for instance, will now send a notice to teens after they have blocked someone, encouraging them to let their parents “supervise” their account. The idea is to grab kids’ attention when they might be more open to parental guidance.
If a teen opts in, the system will let parents set time limits, see who their kid follows or is followed by, and allows them to track how much time the minor spends on Instagram. It does not let parents see message content.
Instagram launched parental supervision tools last year to help families navigate the platform and find resources and guidance. A sticking point in the process is that kids need to sign up if they want parents to supervise their accounts. It’s not clear how many teen users have opted in and Meta has not disclosed any numbers.
The seasonally adjusted annualized selling rate for June is forecast to come in between 15.2 million and 15.9 million, up from a 13.1 million rate in June 2022 and May’s 15.1 million.
Dealers’ average EV supply climbed to 92 days in the second quarter, up from 36 days a year earlier.
UAW President Shawn Fain last week fired Abigail Carter, the union’s general counsel, along with two others in the legal team after alleging they concealed information from him.