Trial against Meta in New Mexico focuses on dangers of child sexual exploitation on social media [BNN Bloomberg (Canada)]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: BNN Bloomberg
It's the first stand-alone trial from state prosecutors in a stream of lawsuits against major social media companies, including Meta, over harm to children, and one that is likely to highlight explicit online content and its effects. Prosecutors told a jury that Meta failed to disclose what it knew about harmful effects of its platform on children, in violation of state consumer protection laws. Meta also is accused of creating a public nuisance. “The theme throughout this trial is going to be that Meta put profits over safety,” attorney Donald Migliori, representing the state of New Mexico in its suit against Meta. ”Meta clearly knew that youth safety was not its corporate priority ... that youth safety was less important than growth and engagement.” At the same time in California, opening arguments also were scheduled Monday in a separate case against Meta and Google's YouTube alleging that their platforms deliberately addict and harm children. Plaintiffs' arguments there and
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News
- Meta, Google face jury in landmark U.S. addiction trial [BNN Bloomberg (Canada)]BNN Bloomberg
- Is Meta Platforms Stock Going to $1,000? [Yahoo! Finance]Yahoo! Finance
- ChatGPT Thinks Meta Platforms Stock Will Close At This Price In The Next 60 Days [Yahoo! Finance]Yahoo! Finance
- Tech giants under fire in court over allegedly purposely addicting youth [FOX News]FOX News
- Instagram is internally testing a new Snapchat rival app [Business Insider]Business Insider
META
Earnings
- 1/28/26 - Beat
META
Sec Filings
- 2/9/26 - Form 144
- 2/4/26 - Form 4
- 2/3/26 - Form 144
- META's page on the SEC website