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META LAWSUIT VERDICT
Google's YouTube settles case over social media harm to childrenThe terms of the settlement of the state court lawsuit were confidential, the lawyers said on Tuesday. The suit named four defendants - You...- 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...
- OpenAI IPO: Date, share price, valuation, timing and all details investors need to knowOpenAI IPO Filing: OpenAI has confidentially filed for an IPO after reaching an $852 billion valuation. Anthropic remains ahead at $965 bil...
- OpenAI files for US IPO after Anthropic as AI giants head to public marketsAI giant OpenAI has confidentially filed for a US initial public offering. This move follows rival Anthropic's similar filing. Investors ar...
- 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 $3.7 billion, changes to Meta platforms in youth harm trialNew Mexico is suing Meta Platforms, accusing it of harming young users. The state wants a judge to declare Meta's Facebook, Instagram, and ...
- 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 pulls ads aimed at recruiting plaintiffs for social media addiction lawsuitsAt the end of March, a Los Angeles jury found Meta and Alphabet's Google liable for a young woman's depression and suicidal thoughts afte...
- 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 shares slip after US jury verdicts raise concerns of new legal exposureMeta shares fell 6% to a 10-month low on Thursday after rulings this week found the Facebook parent failed to adequately warn or protect yo...
- 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...
- US jury verdicts against Meta, Google tee up fight over tech liability shieldTech giants Meta and Google have been found liable in US courts for harm caused to young users. Juries awarded millions in damages in cases...
- 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...
- Meta ordered to pay $375 million in New Mexico trial over child exploitation, user safety claimsIn a landmark decision, a jury in New Mexico has convicted Meta, the tech giant behind Facebook, Instagram, and WhatsApp, of breaching stat...
- 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...
- 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...
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