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META AND YOUTUBE VERDICTS
OpenAI joins rival Anthropic in race to Wall StreetOpenAI did not disclose the size or terms of the offering, and said a timeline has not yet been determined. "It may be a while because ther...
HC ruling on Google keyword ads likely to reshape e-advertisingA Delhi High Court ruling has stopped Google from auctioning trademarked names as ad keywords. This decision impacts how companies advertis...
Social media companies pay $27 million to settle Kentucky school district's lawsuit over social media harms, records showMeta settled the case brought by Breathitt County School District on May 21, a few weeks before a planned June trial, following earlier set...
New Mexico seeks child safety restrictions on Meta apps and algorithms in trial's 2nd phaseNew Mexico prosecutors are demanding significant changes to Meta's social media platforms. This follows a jury verdict finding the company ...
Australian tycoon battles Meta over fake adsAustralian mining magnate Andrew Forrest is suing Meta in a US court. He claims Meta should be responsible for scam advertisements featurin...
Meta poised to surpass Google in digital ad revenue for first time, report saysThe Instagram-owner's global net ad revenues are expected to reach $243.46 billion in 2026, ahead of Google's projected $239.54 billion, th...
Advocacy groups urge YouTube to protect kids from 'AI slop' videosAdvocacy groups and experts are condemning YouTube for serving low-quality AI-generated videos to children, warning of developmental harm. ...
What is Instagram Plus? What we know about Meta’s latest subscription model testMeta is testing Instagram Plus, a subscription version of Instagram, in select markets. The move aligns with a wider industry shift towards...
In wake of US social media verdicts, look at what limits other countries have imposed for kidsOn Wednesday, a Los Angeles jury found both Meta and YouTube liable for harms to children using their services. A day earlier in New Mexico...
US Stocks: Meta shares drop 7% on fears US verdicts open door to deluge of lawsuitsMeta Platforms shares tumbled 7% after two verdicts found the social media giant liable for harm to young users. These rulings, totaling hu...
Meta stock today drops over 5% after social media addiction trial – here's what the verdict means for investorsMeta stock today: Meta Platforms shares tumbled as a jury found the company liable for contributing to a young user's harmful and addictive...
Juries take the lead in the push for child online safetyTwo juries have held social media giants accountable for harming young users. This marks a significant shift, validating a new legal strate...
Meta, Google risk big tobacco-like fallout after addiction trialWhile the $6 million in damages a jury in Los Angeles awarded to the 20-year-old plaintiff — which the companies vowed to appeal — will bar...
Meta, Google lose US case over social media harm to kidsThe jury found Meta liable for $4.2 million in damages and Google for $1.8 million, small amounts for two of the world's most valuable comp...
Meta, Google ordered to pay $3 million in a landmark social media trial — what happens nextA jury decision against social media companies has raised new questions about online safety and responsibility. The case could affect futur...
Jury reaches verdict in Meta, Google trial on social media addictionA Los Angeles jury reached a verdict on Wednesday in a landmark social media addiction trial that involves Meta's Instagram and Google's Yo...
Jury in social media addiction trial tells judge it's having difficulty coming to consensusJudge Carolyn B. Kuhl said the jury should reach a verdict if it can, adding that the case will have to be retried with a new set of juror...
Jurors mull evidence in social media addiction trial against Meta, YouTubeJurors will return to court in Los Angeles Monday to resume deliberations in a landmark social media addiction trial accusing Meta and YouT...
US jury to begin deliberations in social media addiction trialJury deliberations are set to begin in a landmark trial where Meta and YouTube face accusations of intentionally hooking young users. Closi...
Mark Zuckerberg to testify in social media addiction trial: Key details emergeMeta CEO Mark Zuckerberg appeared in a Los Angeles court for a significant social media addiction trial. He will testify regarding claims t...