Global X Social Media ETF Archives

Jury reaches verdict in blockbuster Meta, YouTube social media trial

Suhas Bhokare4 months ago4 months ago05 mins

A jury in Los Angeles decided on Wednesday that Meta and Google’s YouTube had been negligent and did not warn customers of the risks related to utilizing their platforms, in a case that would have repercussions throughout the social media panorama. The private damage trial commenced in late January in LA Superior Court. A younger…

Meta must pay 5 million for violating New Mexico law in child exploitation case, jury rules

Meta must pay $375 million for violating New Mexico law in child exploitation case, jury rules

Suhas Bhokare4 months ago4 months ago06 mins

A jury dominated Tuesday towards Meta in a serious New Mexico trial in which the state’s lawyer basic alleged that Meta didn’t safeguard its household of apps from child predators. The civil trial, in which opening arguments started on Feb. 9 in a Santa Fe courthouse, facilities on allegations that Meta violated state shopper protections…