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-0.00121506682867555 -0.00366950182260011 -0.00364520048602665 -0.00507897934386395 -0.0194410692588093 -0.0388821385176184 -0.0425273390036452 -0.0437424058323207
Stock impact report

US jury verdicts against Meta, Google tee up fight over tech liability shield [Yahoo! Finance]

Snap Inc. Class A (SNAP) 
Last snap inc. class a earnings: 4/21 04:10 pm Check Earnings Report
US:NYSE Investor Relations: investor.snap.com/company-profile
Company Research Source: Yahoo! Finance
March 26 (Reuters) - Jurors in the first two trials in the U.S. from a growing wave of lawsuits targeting social media firms over harm to children have found Meta and Alphabet's Google liable, potentially teeing up an appeals fight that could reshape how U.S. law shields tech companies from lawsuits. In California, ?a Los Angeles jury on Wednesday found Meta and Google liable for a young woman's depression and suicidal thoughts after she said she became addicted to Instagram and YouTube ?at a young age, ordering them to pay a combined $6 million in damages. In a separate New Mexico case, jurors on Tuesday ordered Meta to pay $375 million after finding the company misled users about the safety of its products for ?young users and enabled the sexual exploitation of children on its platforms. The verdicts pierce a legal shield that plaintiffs suing tech companies have long struggled to overcome: Section 230 of the Communications Decency Act, a 1996 federal law that generally protect Show less Read more
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