Editor’s Note: The story has been refreshed with the latest market price action and a revised headline. On Thursday, Meta Platforms, Inc. META, Alphabet Inc.’s GOOG GOOG Google and Snap Inc. SNAP ...

Snap is the latest big tech company to settle a lawsuit that claimed social media platforms are harmful to children and young adults. The company has reached a “tentative” agreement in a case that was ...

A 15-year-old girl from New Jersey had claimed that apps had contributed to her social media addiction, depression and self-harm.

Meta's $18 billion settlement in the social media addiction trial has shifted focus to other platforms. Under the settlement conditions, Meta called on YouTube and TikTok to also make changes to their ...

TikTok has agreed to settle three lawsuits concerning addictive platform designs. Young plaintiffs alleged social media platforms harmed their mental health and well-being. These cases are part of ...

A teenager has dropped her lawsuit against Meta, YouTube and Snapchat, which was set to go to trial later this year as part of a broader series of cases accusing social media giants of designing ...

Meta has agreed to pay up to $18bn (£13.2bn) to dozens of US states to settle claims that its social media platforms harmed children. The landmark trial - the biggest ever of its kind - saw Meta ...

Social media giant Meta settled in federal court for $17-18 billion without admitting any wrongdoing – image courtesy of Vecteezy.com. Meta, the parent company of Facebook and Instagram, reached a ...

Meta Platforms trades at a depressed 20x P/E, well below its historical average, despite robust top-line growth and resilient user engagement. Q2 results showed 28% revenue growth but significant ...

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Meta has just agreed to pay a hefty $17 billion to settle a landmark social media addiction lawsuit in the state of California, alongside a few other states. As part of the lawsuit, attorneys general ...

The Mark Zuckerberg-led tech giant and state attorneys general are discussing a mid-trial settlement while a federal trial is ongoing, Bloomberg reported Tuesday, citing people familiar with the ...