Meta Stock: Zuckerberg Takes the Stand in Historic Child Safety Trial

TLDR

• A federal trial against Meta opened Tuesday in Oakland, California, brought by four states: California, Colorado, Kentucky, and New Jersey.
• States are seeking up to $1.4 trillion in damages, alleging Meta knowingly designed addictive features targeting children.
• Meta is also accused of collecting data on children under 13 without parental consent, violating federal law.
• Mark Zuckerberg is expected to testify during the six-to-eight-week trial.
• Meta denies all wrongdoing and says it is proud of its record protecting teens on its platforms.

Meta is heading into what may be the most consequential legal battle in its history.

A federal trial opened Tuesday in Oakland, California, with four states, California, Colorado, Kentucky, and New Jersey, accusing the company of knowingly designing addictive features into Facebook and Instagram that harm children.

$META is heading into its biggest social media litigation fight yet, with 29 states alleging Facebook and Instagram were designed to addict children and illegally collect their data.

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