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Stock impact report

Judge dismisses X's web scraping case against Bright Data [Yahoo! Finance]

Meta Platforms, Inc. - Class A (META) 
Company Research Source: Yahoo! Finance
that public web data does not belong to one entity and is available for public use. This legal victory has a profound impact on web scraping for the collection of public web data and consequently the necessary uses in all business sectors, research, and development of AI models. In throwing out all claims against Bright Data, U.S. District Judge William Alsup wrote that giving social media companies free rein of the collection and use of public web data, "risks the possible creation of information monopolies that would disserve the public interest." In February, a judge came to a similar outcome in the lawsuit Meta brought against Bright Data. These lawsuits are a pattern that targets scraping companies, individuals, and nonprofits. Lawsuits are used as a monetary weapon to discourage collecting public data from sites so conglomerates can hoard user-generated public data. "Bright Data's victories over Meta (Facebook) and X (Twitter) from the past year make it clear to the worl Show less Read more
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