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Stock impact report

Parents hope the 'tide will turn' against Big Tech as Mark Zuckerberg takes the stand [Business Insider]

Meta Platforms, Inc. - Class A (META) 
Have an account? Log in Meta CEO Mark Zuckerberg took the stand on Wednesday in a landmark trial about social media addiction. Parents who say their kids were harmed by social media platforms showed up to face the Meta CEO. The case could impact how other lawsuits play out. Meta said the legal battles could cost them billions. Lori Schott, a mother from rural Colorado, said she stared down Meta CEO Mark Zuckerberg as he walked into court in Los Angeles on Wednesday to testify in a landmark trial regarding social media addiction. Schott lost her 18-year-old daughter, Annalee, to suicide in 2020. She believes the content Annalee saw on social media platforms "destroyed" her mental health. "I made eye contact with him for quite a long time," Schott said of Zuckerberg. "I was not backing down." Schott is not a plaintiff in the case where Zuckerberg testified on Wednesday, but is among more than 2,000 individuals who have similar personal injury lawsuits pending regarding so Show less Read more
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