• Investing
  • Stock
  • Editor’s Pick
  • Economy
The Significant Deals
Stock

Meta must face US state lawsuits over teen social media addiction

by October 15, 2024
written by October 15, 2024

By Brendan Pierson

(Reuters) – Facebook (NASDAQ:META) parent company Meta must face lawsuits by U.S. states accusing it of encouraging social media addiction among teens, a federal judge in California ruled on Tuesday.

Oakland-based U.S. District Judge Yvonne Gonzalez Rogers (NYSE:ROG) rejected Meta’s bid to toss the claims made by the states in two separate lawsuits filed last year, one including more than 30 states and the other including only Florida. 

The company had argued that federal law blocked some of the claims and that the states failed to point to misleading statements that it had made.

The judge put some limits on the claims that the states – numbering more than 30 in all – could pursue, but allowed the case to go forward largely intact. The judge also rejected the social media company’s motion to dismiss some claims over social media addiction brought by individual plaintiffs.

The states are asking the court for injunctions against Meta’s allegedly illegal business practices and are seeking unspecified monetary damages.

Meta did not immediately respond to a request for comment.

Hundreds of lawsuits have been filed by various plaintiffs against Meta, ByteDance’s TikTok and Alphabet (NASDAQ:GOOGL)’s YouTube, accusing the companies of designing addictive algorithms that led to anxiety, depression and body-image issues among adolescents, and failing to warn of their risks.

This post appeared first on investing.com
0 comment
0
FacebookTwitterPinterestEmail

previous post
U.S. stocks lower at close of trade; Dow Jones Industrial Average down 0.75%
next post
Penguin Solutions shares plunge 15% on weaker guidance than expected and Q4 earnings miss

You may also like

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

BASF shares indicated 3% lower as impairments drag...

January 27, 2025

Ryanair cuts 2026 traffic forecast amid ongoing Boeing...

January 27, 2025
Fill Out & Get More Relevant News








    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent Posts

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks

      June 26, 2025
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

      June 26, 2025
    • Bumble shares jump 26% as dating company plans to axe 30% of workforce

      June 26, 2025
    • Small-business AI use is lagging, but one firm is channeling Sherlock Holmes and knocking out ‘grunt work’

      June 25, 2025

    Categories

    • Economy (245)
    • Editor's Pick (3,646)
    • Investing (534)
    • Stock (6,426)

    Latest News

    • Divided Fed proposes rule to ease capital requirements for big Wall Street banks
    • Women’s Tennis Association extends media rights deal with Tennis Channel through 2032

    Popular News

    • Chinese vice commerce minister meets with Nvidia senior executive
    • Low-cost hybrid tech gives Renault breathing space in tough EV transition

    About The Significant deals

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2025 thesignificantdeals.com | All Rights Reserved

    The Significant Deals
    • Investing
    • Stock
    • Editor’s Pick
    • Economy