Stocks waver as traders hold back on risk ahead of Nvidia earnings and new signs about the durability of the AI trade. US consumer spending stalled in July while the Fed’s preferred inflation gauge rose as expected, supporting the case for rates to remain on hold. Meta agreed to pay $16.7 billion to settle a landmark case over teens’ addiction to Facebook and Instagram.

BBloomberg Television2026-08-26 17:18

California Attorney General Rob Bonta spoke after Meta agreed to pay a $16 billion settlement in a federal trial involving allegations that the company violated the Children's Online Privacy Protection Act. Legal editor Kerri Urbahn also weighs in.

FFox News2026-08-26 16:15

Meta has agreed to pay nearly $18 billion to settle a social media addiction lawsuit brought by California and other states. The settlement and its implications for the social media giant are under scrutiny.

NNBC News2026-08-26 15:18

California Attorney General Rob Bonta gives an update after Meta reached a $16.68 billion settlement. Court papers say states accused the company of designing Instagram and Facebook to addict children, misleading consumers about platform safety and improperly collecting personal data from child users.

RReuters2026-08-26 15:12

Meta has agreed to a $16.68-billion U.S. settlement resolving claims from 29 states that Instagram and Facebook were designed to harm children. The company will make changes for underage users, including daily usage limits and blocking access to age-restricted content.

CCBC News2026-08-26 15:05

Watch California Attorney General Rob Bonta speak about consumer protection after Meta reached a $17 billion settlement with dozens of states to resolve cases involving teen social media addiction.

TThe Associated Press2026-08-26 14:24

Fox News contributor Jonathan Turley reacts to Meta’s landmark settlement with 29 states over claims that its social media platforms harmed children. The agreement includes new restrictions and safeguards for teenage users.

FFox News2026-08-26 14:00

Meta Platforms has agreed to pay $16.7 billion to settle a high-profile case over harm allegedly caused to teens through its social media platforms. The sum is far below the company’s worst-case estimate of up to $1.4 trillion in penalties if the accusations had been upheld at their most severe levels.

BBloomberg Television2026-08-26 13:55

Meta agreed to change aspects of Instagram and Facebook in a settlement resolving a case brought by states that accused the company of designing addictive products for children.

AABC News2026-08-26 13:47

The landmark trial against Meta could be significant because legal scrutiny is moving beyond what users post to the design and infrastructure of social-media platforms. Geminy CEO and founder Leïla Mörch says the case asks the technology giant to answer for harms associated with social media, in a debate historically shaped by Section 230.

FFrance 24 English2026-08-20 17:46

Prosecutors told a US federal court that Meta knowingly exploited children and deliberately designed Instagram and Facebook to be addictive to young users. A coalition of states is seeking roughly $200 billion in penalties, in a case experts have dubbed social media’s “big tobacco moment.”

FFrance 24 English2026-08-19 09:28

A US court has heard allegations that Meta deliberately made a generation of children dependent on Facebook and Instagram. Lawyers representing several states and Meta clashed as the landmark trial opened in Oakland, California. Meta says it strongly disagrees with the claims.

BBBC News2026-08-19 04:04

Meta is facing a landmark US trial over allegations that it deliberately made Instagram and Facebook addictive to young users. Experts have called the case social media’s “big tobacco moment”, while a coalition of US states seeks accountability and could pursue about US$200 billion in penalties.

CCNA2026-08-19 03:23

The first trial from a lawsuit brought by 30 US states against Meta began Tuesday. The states allege that the company violated numerous federal and state privacy laws protecting children, seek more than $1 trillion in damages and demand sweeping changes to apps including Facebook and Instagram.

DDW News2026-08-19 03:00

Opening arguments are under way in a landmark US federal trial that could reshape how social media companies are held accountable for effects on children. Twenty-nine states accuse Meta of deliberately designing features including infinite scrolling, likes and notifications to keep young users hooked, echoing legal arguments used against Big Tobacco in the 1990s.

AAl Jazeera English2026-08-19 02:52

California Attorney General Rob Bonta discusses the trial against Meta, which alleges that Facebook and Instagram were intentionally designed in ways that harm young users’ mental health. He also outlines the changes he wants the platforms to make.

NNBC News2026-08-19 01:16

A pivotal trial against Meta, the parent company of Instagram and Facebook, began Tuesday in a California federal court. Four states allege that Meta created features that addict children to its platforms and concealed the resulting harms, contributing to the youth mental health crisis.

TThe Associated Press2026-08-18 23:29

Opening arguments began Tuesday in California in a landmark case against Meta, the parent company of Facebook and Instagram. Attorneys general from four states are seeking a penalty that could theoretically reach US$1.4 trillion, along with changes to the platforms’ operations. In all, 29 states allege Meta designed its services to harm children and fuel anxiety and depression.

GGlobal News2026-08-18 21:05

Thirty US states are suing Meta for more than $1 trillion, alleging that it knowingly designed Instagram and Facebook to be addictive and harmful to children while hiding what it knew. A victory for the states could force major platform changes, including removing like counts, infinite scroll and autoplay video.

BBBC News2026-08-18 21:00

Attorneys General Rob Bonta, Phil Weiser and Jennifer Davenport are holding a press conference in Oakland, California, after proceedings concluded on the first day of the Meta trial.

FFox News2026-08-18 20:54

A landmark trial has begun over allegations that Meta deliberately designed Facebook and Instagram to addict young users, contributing to depression, anxiety and suicide. Parents who say their children were harmed by social media spoke outside the court.

RReuters2026-08-18 19:21

Meta returned to court Tuesday to fight claims that it let young people become addicted to its products and breached federal child privacy laws. Lawsuits say Facebook and Instagram harmed children through addictive features.

CCBC News2026-08-18 18:05

Opening statements are beginning in Meta’s landmark child addiction trial at a federal court in California, with people speaking outside. Twenty-nine states allege that Meta improperly captured minors’ data, designed platforms to addict children and misled the public about their safety.

RReuters2026-08-18 16:49

Meta is due in federal court in California on Tuesday to face a coalition of 29 state attorneys general. They allege the company deliberately designed Facebook and Instagram to encourage compulsive use among young users.

BBloomberg Television2026-08-18 13:37