financetom
Business
financetom
/
Business
/
Meta must face Massachusetts social media addiction lawsuit, judge rules
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Meta must face Massachusetts social media addiction lawsuit, judge rules
Oct 18, 2024 10:14 AM

BOSTON (Reuters) - A Massachusetts judge has rejected Meta Platforms' ( META ) bid to dismiss a lawsuit by the state alleging the social media company purposely deployed features on its Instagram platform to addict young users and deceived the public about the dangers its product posed to teenagers' mental health.

Suffolk County Superior Court Judge Peter Krupp in Boston, in a decision made public on Friday, rejected Meta's request to dismiss claims by Massachusetts Attorney General Andrea Joy Campbell that it violated state consumer protection law and created a public nuisance.

(Reporting by Nate Raymond in Boston)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Emera and Its Units Ratings Affirmed by Fitch
Emera and Its Units Ratings Affirmed by Fitch
May 31, 2024
12:53 PM EDT, 05/31/2024 (MT Newswires) -- Fitch Ratings on Thursday affirmed Emera's ( EMRAF ) BBB long-term issuer default rating. Also, Fitch affirmed the long-term issuer default ratings on Emera's ( EMRAF ) subsidiaries. The long-term issuer default ratings of Tampa Electric and Peoples Gas System were affirmed at 'A- and New Mexico Gas at BBB+. The rating outlooks...
--Disney, Comcast Hit Impasse in Hulu Negotiations, Wall Street Journal Says
--Disney, Comcast Hit Impasse in Hulu Negotiations, Wall Street Journal Says
May 31, 2024
12:51 PM EDT, 05/31/2024 (MT Newswires) -- Price: 102.50, Change: +0.80, Percent Change: +0.79 ...
Piper Sandler Reviews Canopy Growth's Q4
Piper Sandler Reviews Canopy Growth's Q4
May 31, 2024
12:56 PM EDT, 05/31/2024 (MT Newswires) -- Canopy Growth Corporation ( CGC ) reported a fourth quarter revenue beat but EBITDA was well below Piper Sandler estimates. Management reaffirmed its expectations to achieve positive adjusted EBITDA in H2 2025. Analyst Michael Lavery is modeling adjusted EBITDA of $0.8 million in Q3 2025E and $1.4 million in Q4 2025E. It looks...
What's Going On With Home Retailer Lowe's Shares After Raising Dividend By 5%?
What's Going On With Home Retailer Lowe's Shares After Raising Dividend By 5%?
May 31, 2024
Lowe’s Companies, Inc. shares are trading slightly higher on Friday. The company has declared a quarterly cash dividend of $1.15 per share, payable Aug. 7 to shareholders of record as of July 24. This represents a 5% increase over the company’s previous dividend of $1.10 per share. “Today’s dividend increase reflects the Board’s confidence in our growth strategy and commitment to disciplined capital allocation that...
Copyright 2023-2026 - www.financetom.com All Rights Reserved