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Blackstone’s shares have struggled as investors grow wary of mounting pressures in private markets. But the recent turbulence is nothing new for the billionaire businessman who has spent decades navigating economic cycles—and he has some words of wisdom for others stepping into the stressful world of finance.
Karnataka chief minister Siddaramaiah announced the decision during the state’s budget speech on Friday. “To prevent the adverse effects on children from the use of mobile phones, the use of social media will be prohibited for children under the age of 16,” he said. He did not share details on how the restrictions would be enforced.