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Meta Faces Historic Kids' Safety Trial | Business and Finance News
Description
A blockbuster trial has begun in California as 29 state attorneys general accuse Meta of knowingly designing Facebook and Instagram to addict kids, violating COPPA and other laws. With potential penalties reaching trillions—more than Meta’s market value—the case centers on whether the company prioritized profit over youth mental health. While Meta defends itself with teen protections and AI safeguards, Mark Zuckerberg and Instagram’s head are set to testify. After a recent $1 billion loss in New Mexico, analysts say Meta is under intense pressure to prove its safety measures are enough.
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