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TIKTOK LAWSUIT OUTCOME
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...- 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...
- What could come next for other social media firms as a jury finds Meta platforms harm childrenA New Mexico jury has fined Meta 375 million dollars. This is the first verdict in child safety trials against social media companies. The ...
- 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...
- Instagram boss to testify at social media addiction trialInstagram chief Adam Mosseri is to be called to testify Wednesday in a Los Angeles courtroom by lawyers out to prove social media is danger...
- Arguments to begin in key US social media addiction trialArguments are set to begin Monday in a landmark US trial that could establish a legal precedent on whether social media companies deliberat...
- Jury selection begins in landmark social media addiction trialJury selection begins Tuesday for a landmark trial that could establish a legal precedent on whether social media companies deliberately de...
- ED trouble for Winzo; Dissecting Eternal earningsThe ED has alleged that Winzo defrauded genuine users to the tune of Rs 734 crore. This and more in today’s ETtech Top 5.
- Social media giants Alphabet, ByteDance and Meta face landmark trial over addiction claimsDefendants in the suit are Alphabet, ByteDance and Meta, the tech titans behind YouTube, TikTok and Instagram. Meta cofounder and chief exe...
- Google loses online ad monopoly case. But it's just one of many antitrust battles against big techBig Tech firms including Google, Meta, Apple, and Amazon are facing major antitrust lawsuits in the US. Accused of monopolistic practices, ...
- US prepares to challenge Meta's social media dominanceMeta has countered that it faces ample competition in social media from TikTok, Snap, Reddit and LinkedIn, and that regulators approved the...
- Oracle, Apple, Google diverge on whether to keep serving TikTokOracle, which provides cloud services for TikTok, took Trump’s go-ahead to heart. It’s kept TikTok operational since the app briefly went o...
- Count down as the Tok Tiks: Can a TikTok ban really solve America’s bigger problems?The ongoing TikTok ban debate in the US highlights the clash between national security concerns and the interests of domestic tech giants. ...
- Can you copyright a vibe? The legal battle between influencers explains it allLifestyle influencer Sydney Gifford is suing fellow influencer Alyssa Sheil for copyright infringement, alleging Sheil copied her aesthetic...
- What happens next for TikTok after court ruling against it?A US appeals court upheld a law mandating ByteDance to divest TikTok by January 19 or face a ban, citing national security concerns. TikTok...
- A group representing TikTok, Meta and X sues Ohio over new law limiting kids' use of social mediaA trade group representing TikTok, Snapchat, Meta and other major tech companies sued Ohio on Friday over a pending law that requires child...
- A group representing TikTok, Meta and X sues Utah over limits on app use for minorsThe restrictions are designed to protect children from targeted advertisements and addictive features that could negatively impact their me...
- US states say Meta's Instagram linked to depression, anxiety, insomnia in kidsIn a complaint filed in the Oakland, California, federal court on Tuesday, 33 states including California and New York said Meta repeatedly...
- Instagram linked to depression, anxiety, insomnia in kids: US states' lawsuitThe states said Meta has repeatedly misled the public about the substantial dangers of its platforms, and knowingly induced young children ...
- Bidenomics: More stimulus, tougher regulation, and gridlockPresident-elect Joe Biden will inherit a vulnerable economic recovery under threat from a resurgent virus, likely with a divided Congress t...
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