As juries turn against social media for harming kids, Big Tech's invincibility starts to show cracks [Yahoo! Finance Canada]
Meta Platforms, Inc. - Class A (META)
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Source: Yahoo! Finance Canada
mental health and can lead to addiction, eating disorders, sexual exploitation and suicide. For the first time, juries in two states took their side. In Los Angeles on Wednesday, a jury found both Meta and YouTube liable for harms to children using their services. In New Mexico, a jury determined that Meta knowingly harmed children's mental health and concealed what it knew about child sexual exploitation on its platforms. Tech watchdog groups, families and children's advocates cheered the jury decisions. “The era of Big Tech invincibility is over,” said Sacha Haworth, executive director of The Tech Oversight Project. “After years of gaslighting from companies like Google and Meta, new evidence and testimony have pulled back the curtain and validated the harms young people and parents have been telling the world about for years.” While it's too soon to tell if this week's outcomes will lead to fundamental changes in how social media platforms treat their young users, the dua
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META
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- 1/28/26 - Beat
META
Sec Filings
- 3/25/26 - Form 4
- 3/24/26 - Form 4
- 3/24/26 - Form 4
- META's page on the SEC website