📰 8 sources covering this story

Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech

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Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
Fortune
Fortune1 hrs ago
Meta faces a $1.4 trillion threat that could mean ‘turning in the keys and walking away’—but the stakes of the case reach across tech
The $1.4 trillion figure may be unlikely, but the case could give states a new way to challenge how social media platforms are designed.
The Age
The Age1 days ago
‘Meta needed kids’: Tech giant on trial in trillion-dollar lawsuit over social media addiction
Meta rejected accusations by US states that it intentionally sought to addict children platforms in pursuit of profit, at the start of a trial that could reshape some of the most popular apps on the planet.
‘Meta needed kids’: Tech giant on trial in trillion-dollar lawsuit over social media addiction
Meta rejected accusations by US states that it intentionally sought to addict children platforms in pursuit of profit, at the start of a trial that could reshape some of the most popular apps on the planet.
CBS News
CBS News1 days ago
Landmark social media trial against Meta underway
New York Times technology reporter Mike Isaac joins CBS News to break down the landmark social media trial against Meta that's currently underway, with parents accusing the tech giant of designing its platforms to be addictive and harmful to children.
Fast Company
Fast Company1 days ago
Meta stock sinks as landmark social media addiction trial gets underway. What’s at stake for the tech giant?
Today, opening statements will be heard in an Oakland, California, courtroom in a landmark trial that could determine whether Meta Platforms, owner of Facebook and Instagram, designed its social media platforms to addict younger users, despite the company being aware of the danger its social media platforms presented t
The Japan Times
The Japan Times2 days ago
Meta stares down trillion-dollar threat as landmark social media trial begins
The attorneys general of 29 states are seeking not only massive financial penalties, but also court orders that could force Meta to change how it operates its platforms.
Meta stares down $1.8 trillion threat as landmark social media trial begins
Top legal officers are also seeking court orders that could force Meta to change how it operates its platforms.
CBC News
CBC News🏁 first to report2 days ago
What's at stake as Meta faces potential landmark trial in U.S. federal court
Meta has lost two trials concerning child safety on its platforms so far this year and settled a third case. The company now faces what could be its most consequential trial yet, in federal court beginning Tuesday.