Meta's trial against 29 states over claims it addicted kids to social media starts this week

Four state attorneys general are seeking up to $1.4 trillion in penalties and changes to how Meta operates its platforms [...]

Meta faces a $1.4 trillion reckoning in latest trial over social media addiction

Dozens of states accuse the company of violating the Children's Online Privacy Protection Act. [...]

Meta's biggest social media addiction trial opens, with 29 states seeking trillions

A coalition of 29 state attorneys general opened arguments Tuesday in Oakland, with penalties potentially reaching $200 billion [...]

Meta, Google, TikTok, and LinkedIn now face an Australian news law whether they carry news or not

Australia’s parliament passed the News Bargaining Incentive on Thursday, closing a five-year argument that began when Meta worked out it could avoid paying for news by simply not carrying any. The n [...]

Eight months after Australia’s ban, teen TikTok use is down one percentage point

Eight months into the world’s first under-16 social media ban, 26% of Australian children aged 13 to 15 are still using TikTok, one percentage point below where the figure sat before the law took ef [...]

Meta and the states are talking settlement while the jury is still sitting

Meta and state attorneys general have held settlement discussions amid the youth social media harm trial now underway in federal court in California, according to Bloomberg. The case is the largest of [...]

Meta and 29 states are discussing a mid-trial settlement in teen social media addiction case

A loss at trial could expose Meta to penalties of as much as $1.4 trillion, while a settlement would likely be far smaller [...]

Retail Trading’s Gap: 63% Confidence, 42% Knowledge

Retail investors who rely on social media answered only 42% of investment knowledge questions correctly. But 63% rated their own knowledge as high, according to FINRA Foundation research published in [...]

Meta settled with 29 states mid-trial over claims it addicted kids to social media

The agreement, reached mid-trial in Oakland, requires Meta to add daily usage limits and nighttime blocks for teenage users [...]