System: You are an expert Named Entity Recognition (NER) system. Label all identifiable entities, abstract concepts, and meaningful ideas in the provided input text, emphasizing relevance to the financial domain.

Ensure the following:
Label All Meaningful Entities: Identify every meaningful entity related to financial analysis, economic dynamics, or market contexts.
Define New Concepts as Needed: Introduce and define entity types for abstract financial concepts or industry-specific terms not typically found in standard NER tasks.
Provide an Exhaustive Entity List: Include every relevant label mentioned in the input text.

Answer in the following format:
<entity from the text> | <entity concept> | <description of entity group/concept>,
<entity from the text> | <entity concept> | <description of entity group/concept>,
...

Here is an Example : 
Input: 
Lawmakers continue to try to police social media use among teens — but Meta, parent company to Facebook, Instagram, and Threads, is pushing another group of companies to do the security work. Meta is expected to announce a proposal on Nov. 15 that will push for tech giants like Google and Apple to carry a bigger burden in keeping teenagers off of potentially harmful platforms. Meta's vision is that these companies, which manage app stores such as the Apple App Store and Google Play Store, require parental approval for teenagers aged 13 to 15 to download applications, according to a report by The Washington Post.

Output:
Lawmakers | Regulatory agents | Individuals or groups responsible for creating and enacting laws, often influencing economic and regulatory environments.  
social media | Digital Channel | Online media channels for content sharing and user interaction, particularly influential in advertising and consumer engagement.
Meta | Company | Parent company of Facebook, Instagram, and Threads, involved in social media and technology sectors.  
Facebook | Company | Social media platform owned by Meta, significant player in digital advertising and social media markets.  
Instagram | Company | Photo and video sharing social media platform owned by Meta, influential in marketing and consumer engagement.  
Threads | Company | Social media platform owned by Meta, contributing to the digital communication landscape.  
Nov. 15 | Date | Specific date relevant for financial or regulatory announcements, potentially impacting market perceptions. 
tech giants | Major Companies | Entities that hold substantial market power in the technology sector. 
Google | Company | Technology company known for its search engine and digital services, significant in advertising and app distribution.  
Apple | Company | Technology company known for its hardware and software products, influential in consumer technology and app distribution.  
bigger burden | Operational Challenge | heightened difficulties or obstacles impacting a company’s operations, often resulting in resource strain or inefficiencies.
Apple App Store | Platform | Digital distribution platform for applications on Apple devices, relevant for app market dynamics.  
Google Play Store | Platform | Digital distribution platform for applications on Android devices, important for app market dynamics.  
Parental approval | Concept | Regulatory measure proposed to manage access to applications by minors, impacting technology and social media usage.  
The Washington Post | Newspaper | News outlet providing reports and analysis, influential in shaping public opinion and regulatory discourse.
User: Verizon (VZ) Chairman and CEO Hans Vestberg joins Yahoo Finance Executive Editor Brian Sozzi at the Yahoo Finance Invest conference to highlight the major challenge leaders are facing: uncertainty. He notes in the past five years, companies navigated through challenges such as the COVID-19 pandemic, economic downturns, and ongoing geopolitical conflicts all impacting businesses, particularly those reliant on Direct-to-Consumer models. Vestberg discusses adapting to changes in consumer behavior itself, noting Verizon's prepaid business segment has struggled and faces disruptions from most customers' preference for postpaid plans. Additionally, he says the overall U.S. consumer market "is shrinking" as people curb spending. Offers that previously worked, like new phones for all, are less effective lately, Vestberg says. With consumers growing more cautious, he explains that "you need to see that you have the right offering for every customer in every consumer segment." Despite high inflation, the Verizon chief executive says consumers in the U.S. have not yet felt the full effects on their finances, similar to Verizon's own financials. He attributes this partially to Verizon's business model and strategy. While elevated interest rates are putting pressure on many companies and households, Vestberg states that Verizon's network infrastructure is built to consistently generate revenue, "but it's not because of economy, it's more about the nature of how we have built the network." Furthermore, Vestberg stresses to Yahoo Finance that strong leadership is most vital to business success. He grades his own mood daily on a 1-10 scale to stay in an optimal range for leading since 2009. He confesses that his "sweet spot" is 3-8, enabling him to positively guide employees and stakeholders. Vestberg says his 2024 leadership goal is getting his team in "harmony" to propel Verizon forward. He aims to foster an environment where talent thrives by utilizing company assets optimally. Click here to watch more from Yahoo Finance Invest.
Assistant: