Meta Platforms Inc Class A (META)
Opening statements begin in landmark Meta trial
CNBC's Julia Boorstin joins 'Squawk on the Street' to discuss opening statements in Meta's landmark child safety trial.
Meta Stock: The Market Is Punishing AI Spending. Here's Why I'm Still Bullish
Meta Platforms (NASDAQ:META | META Price Prediction) is caught in a strange moment.
Meta Faces Reckoning As Social Media Addiction Trial Begins
A trial to determine whether Meta purposely made its apps addictive to children is underway in California. That's according to a report Tuesday (Aug. 18) from Reuters, which said the case marks the most significant test to date for social media platforms facing similar youth safety lawsuits.
Meta in court over child social media addiction
Opening arguments begin Tuesday in the federal trial of Meta, the social media titan accused of deliberately making its Instagram and Facebook platforms addictive to children, with a coalition of states seeking $200 billion in penalties.
Meta's Child Safety Trial Begins Today—Here's What's At Stake
The state attorneys general behind the lawsuit are seeking severe financial penalties and changes to the way Meta operates its flagship social media platforms. The states have said they are seeking damages close to $200 billion, though Meta had claimed in court filings states are seeking damages totaling a whopping $1.4 trillion, a figure that nearly matches Meta's market capitalization.
Meta stock sinks as landmark social media addiction trial gets underway. What's at stake for the tech giant?
Today, opening statements will be heard in an Oakland, California, courtroom in a landmark trial that could determine whether Meta Platforms, owner of Facebook and Instagram, designed its social media platforms to addict younger users, despite the company being aware of the danger its social media platforms presented to mental health.
Meta stock falls ahead of child safety trial that risks $200B in potential damages
Meta META shares fell 3% on Tuesday as a cautious mood across Wall Street, due to higher oil prices and rising Treasury yields, weighed on technology stocks, while investors also turned their attention to a major child safety trial that could expose the company to significant financial and regulatory risks. Meta's stock has already fallen about 16% this year, with much of the pressure coming from concerns over the company's enormous spending on artificial intelligence infrastructure.
Meta Platforms Falls 4% on Trial Risk With Costs Up 55%, Free Cash Flow Down to $784M
Meta Platforms (NASDAQ:META | META Price Prediction) stock is down 4% to $548.14 in Tuesday morning trading as a 29-state youth-harm trial opens in Oakland.
Meta's Dip Offers A 30% Upside Potential
Meta Platforms (META) has underperformed peers, dropping ~27% YTD, but I view the negative repricing as excessive. Despite recent margin compression and EPS miss, one-off legal and severance charges explain much of the weakness; margin expansion is expected as these costs subside. AI-driven CAPEX is converting OPEX into capitalized assets, supporting future EBIT margin growth and monetization of WhatsApp and Family of Apps.
Meta's ‘Offense' Isn't Harm, It's Happier And Healthier Young People
Have you been to Friendster lately? Or how about MySpace?
I make over $250k as a Meta AI researcher. Publishing research helped me land the job.
Ruiyu Li, a research scientist at Meta, makes over $250k and focuses on AI and machine learning. She said working in eight AI labs in college and grad school allowed her to publish research.
Meta goes on trial over child social media addiction and privacy
A federal trial against Meta alleging the tech giant contributed to a mental health crisis in young people opens today.
