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MarketBeat
Business
Nathan Reiff

Big Tech Just Got Hit—Why This Lawsuit Could Change Social Media Forever

Meta Lawsuit Google Alphabet Facebook Instagram MarketBeat

Popular social media platforms may be liable for personal injury to users following the recent landmark case against Meta Platforms Inc. (NASDAQ: META) and Alphabet Inc. (NASDAQ: GOOG).

The tech giants behind Instagram, Facebook, and YouTube are obligated to pay millions in both compensatory and punitive damages to an unidentified client who had accused the firms of creating highly addictive products that led to mental health issues.

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