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A new study by the Oxford Internet Institute found little evidence that Internet use harms mental health. The study analyzed whether there's a link between internet adoption and mental well-being. AdvertisementThe idea that using the internet including using social media apps and smartphones can harm mental health has been disputed by a new global study published by the Oxford Internet Institute on Tuesday. Still, they found there was little evidence to show that increased internet usage was associated with negative mental health impacts. Despite these findings, social media firms have come under fire in recent years for contributing to young people's mental health problems.
Persons: , Andrew Przybylski, Matti Vuorre, Przybylski, Instagram Organizations: Oxford Internet Institute, Service, Mental Health, Wall Street Locations: OII
Trovata, a cash management fintech startup, has partnered with JPMorgan Asset Management. JPMorgan has continued its push into fintech with a partnership with US cash management startup Trovata. California-based Trovata, which was founded in 2016, has been repeatedly backed by JPMorgan and has raised $57.6 million from investors to date. The startup offers cash management services to companies through an API. The tie-up will see Trovata host Morgan Money, JPMorgan's trading and risk management infrastructure, on its platform.
There's a debate raging over whether in-game loot boxes encourage kids to gamble. In the UK, the House of Lords this week recommended the legal reclassification of loot boxes in video games as gambling. Experts are divided over whether paying for loot boxes has a causal link to gambling and one told Business Insider it could be "apocalyptically stupid" to regulate loot boxes like gambling without doing more research. In some games, players are able to trade the rewards they get from loot boxes with each other for real money. The 71% figure referred to the share of players in the sample who had played games with loot boxes, not the share of games containing loot boxes.
Persons: , David Zendle, Zendle, Pete Etchells, Andrew Przybylski, Przybylski Organizations: Service, FIFA, Steam, Juniper Research, University of York, Bath Spa University, Oxford Internet Institute, Business
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