Meta shares hit 5% intraday high after $16.68 billion settlement over alleged harm to young usersMeta shares hit a 4.96% intraday high after the company agreed to pay up to $16.68 billion to settle claims that Facebook and Instagram har...
26 Aug, 2026, 08.17 PM IST
Meta reaches $16.68 billion settlement over social media harms to childrenThe deal was reached during a California federal court trial over claims brought by 29 states, averting one of the highest-profile tests ye...
26 Aug, 2026, 07.18 PM IST
Instagram head Adam Mosseri, at children's addiction trial, says few teenagers knew of safety featureAdam Mosseri, the head of Instagram since 2018, denied any suggestion by U.S. states suing Meta that Instagram stalled by not making the "T...
26 Aug, 2026, 01.22 PM IST
US teen drops lawsuit against Meta, Google and Snap ahead of trialThe plaintiff, a 15-year-old girl from New Jersey identified in California court records as P. M-Y., had alleged the platforms' owners - Me...
21 Aug, 2026, 01.52 PM IST
Teen drops landmark social media addiction case against Meta, Google, SnapA 15-year-old girl dropped her lawsuit against Meta, Google, and Snap Inc. She had alleged social media addiction and mental health issues....
21 Aug, 2026, 06.42 AM IST
Mark Zuckerberg encouraged growth over child safety, ex-Meta executive testifies at trialArturo Bejar, a vocal critic of Meta's safety record, made the allegation during his second day of testimony in a landmark trial over claim...
20 Aug, 2026, 12.47 PM IST
Former Meta engineer says Instagram took a 'don't ask, don't tell' approach on kids under 13During his second day of testimony, Arturo Bejar said Meta consistently prioritized profits over safety in designing its products, focusing...
20 Aug, 2026, 08.08 AM IST
Shiprocket’s stellar D-Street debut; KKR buys BookMyShow stakeShiprocket shares zoomed in a bumper public market debut on Wednesday. This and more in today’s ETtech Top 5.
19 Aug, 2026, 09.32 PM IST
Former Meta engineer resumes testimony in landmark trial over social media's harm to young usersArturo Bejar, who worked at Meta from 2009 to 2015 before returning to the company as an independent contractor from 2019 to 2021, is the f...
19 Aug, 2026, 05.03 PM IST
Meta rejects claims it sought to hook children to Facebook, Instagram as landmark trial beginsFour lead states - California, Colorado, Kentucky and New Jersey - accused Meta of designing Facebook and Instagram to hook young users, fu...
19 Aug, 2026, 12.26 PM IST
Major Meta trial begins as lawyers spar over witnesses, damagesFacebook-parent Meta will defend itself in a landmark social media trial that begins Tuesday in California, where attorneys have sparred ov...
19 Aug, 2026, 08.39 AM IST
In Meta's trial, families of social media victims see pivotal moment for online safetyWritten on it in black ink were the names of children and young adults who have died from social media related harms, including deaths by s...
19 Aug, 2026, 08.38 AM IST
Meta rejects allegations it sought to hook children as landmark trial beginsFour lead states - California, Colorado, Kentucky and New Jersey - accuse Meta of designing Facebook and Instagram to hook young users, fue...
19 Aug, 2026, 01.27 AM IST
29 states in US want Meta to change how Facebook and Instagram operate and give $1.4 trillion penalty; the case now threatens Mark Zuckerberg's AI planA groundbreaking federal trial has begun against Meta Platforms, with 29 US states alleging that the company intentionally designed its soc...
18 Aug, 2026, 04.22 PM IST
A look at major lawsuits against Meta, other social media companies over harms to kidsIn a federal trial beginning Tuesday in Oakland, California, the Instagram and Facebook parent company is fighting claims that it has contr...
18 Aug, 2026, 10.40 AM IST
US states seek $200 billion penalty in blockbuster Meta lawsuitA coalition of US states will seek around $200 billion in damages against Meta, which they accuse of intentionally designing Facebook and I...
16 Aug, 2026, 11.55 AM IST
Meta says it has taken down 756,000 Australian teen accounts as ban enforcement loomsThe company said it had deactivated 462,000 suspect Instagram accounts and 294,000 suspect Facebook accounts from just before the Australia...
13 Aug, 2026, 09.37 AM IST