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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.
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...
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...
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...
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...
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...
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...
SC issues notice to Centre on PIL for restraining police from revealing identity of accused onlineThe Supreme Court has sought responses from the Centre and states. Social media platforms Meta and X were also issued notices regarding the...
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...
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...
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...
Jury selection begins in Meta youth harms trial in California federal courtThe 2023 lawsuit, filed in federal court in Oakland, California, claims that Meta routinely collects data on children under 13 without thei...
What's the latest in the trials over claims social media is hurting children?The social media companies have denied allegations that their products have contributed to depression, anxiety, body-image issues and a bro...
Meta, 29 states head to court in biggest test yet of youth social media litigationThe trial in Oakland, expected to last seven weeks, will test Colorado, Kentucky, California and New Jersey's allegations that Meta designe...
Meta, YouTube, TikTok face thousands of lawsuits in the US over kids’ mental health: What we knowMajor social media firms face thousands of lawsuits across the United States. These legal actions allege platforms are designed to addict y...
US court rules Meta, other tech firms must face thousands of lawsuits over social media addictionThe San Francisco-based 9th U.S. Circuit Court of Appeals rejected an appeal by Meta and TikTok seeking to overturn a lower court ruling re...
US appeals court allows thousands of lawsuits against social media companies over user addiction claims to proceedAn appeals court permitted thousands of lawsuits against social media firms to advance. These suits allege companies designed products to a...
Meta will soon face another high-stakes trial in USWith two convictions and nearly $1 billion in damages already stacked up, Meta will face another trial starting this week about alleged har...
Explainer: How could New Mexico's $567 million ruling change Meta?The court in Santa Fe ruled on Thursday that Meta must pay $567 million into a New Mexico fund for teen mental health prevention and treatm...
Meta ordered to pay $567 million in New Mexico for teen mental health fundJudge Bryan Biedscheid in Santa Fe ruled the company had created a public nuisance in New Mexico, siding with Attorney General Raul Torrez,...