A U.S. jury has delivered a landmark verdict, finding Meta and Google (YouTube) liable for negligence in a social media addiction trial for harming children, ordering them to pay over $5 million in damages. The ruling sets a significant precedent for social media harms and corporate responsibility, with the tech companies facing a reckoning and expected to appeal.
A civil jury in California found Bill Cosby responsible for drugging and sexually assaulting a woman in 1972, ordering him to pay $19.25 million in damages. This judgment adds to Cosby's ongoing financial difficulties.
A federal jury in California has found tech tycoon Elon Musk misled Twitter shareholders, causing the company's share price to drop as he prepared to buy it in a $44 billion deal.
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The first-ever jury trial concerning the potential harms of social media has concluded in Los Angeles, with the jury now deliberating on accusations that Meta and YouTube created harmful, addictive products that aggravate mental health problems among young people, including a 20-year-old plaintiff suing Meta for addiction.
A California jury found social media giants Google and Meta liable for harming a young woman by designing addictive platforms, a historic verdict that could influence numerous other cases, with reports from Sweden also confirming the judgment that Instagram and YouTube caused depression.
A business ticker reports on various developments including discounter Kik closing 300 stores, a US jury finding Elon Musk deliberately harmed Twitter shareholders, an EV battery startup pivoting to defense, and luxury cars stranded due to the Iran war.
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A US federal jury has found billionaire Elon Musk liable for defrauding Twitter investors through public statements made during his 2022 takeover bid, which artificially lowered the company's stock price, by deliberately depressing the share price to reduce the purchase cost.
A New Mexico jury has ordered Meta to pay $375 million in civil penalties, finding the company liable for misleading consumers about platform safety and enabling harm to young users, a verdict hailed as a historic victory for child protection.
A California jury has found Elon Musk responsible for some Twitter investor losses, concluding he misled them with critical tweets during his 2022 takeover bid and tried to drive down the share price to renegotiate his $44 billion offer, specifically finding he misled shareholders regarding the number of bots on Twitter.
