social media companies

A jury has found Facebook liable for deceiving its users in the long-running Cambridge Analytica case. The verdict stems from the scandal in which data from millions of Facebook users was harvested without proper consent and used for political profiling. Commenters are debating the significance of the ruling and what penalties or changes it may bring for the social media company and user privacy protections.

The first US trial over allegations that TikTok contributed to a teen mental health crisis is set to begin, testing claims that the platform's design harms young users. The case is being closely watched as a test of social media companies' legal responsibility for youth wellbeing and could shape future litigation against major platforms.

Lawsuits are being brought against social media companies in the EU over alleged harm to children's mental health and safety. The claims target major platforms over design practices said to expose minors to addictive features and harmful content. The cases add to growing legal and regulatory pressure on tech firms in Europe over child protection online.

MicroStrategy co-founder Michael Saylor has again signalled that the company may have added to its bitcoin holdings, reviving speculation among investors about another large purchase. The software firm, the biggest corporate holder of bitcoin, typically teases its weekly acquisitions through Saylor's cryptic social media updates before formal filings confirm the amounts.

A New Mexico jury on Friday found Facebook liable for deceiving users about privacy protections on its platform, delivering another legal setback to the social media company. The Associated Press reported the verdict, which adds to the company's mounting legal troubles over how it handled user data and its privacy claims, and observers are weighing its implications for future privacy litigation against major tech firms.

TikTok has agreed to pay more than $100 million to settle a lawsuit over its impact on users' mental health, according to Alabama's attorney general. The settlement, reported by NewsNation and The Hill, is drawing attention as US states continue legal action against social media companies over harms to young people.

OpenAI is reportedly paying a broad network of social media influencers to promote ChatGPT and shape the perception that the company is 'good for the world'. According to Business Insider, the strategy spans sponsored posts, ads and creator partnerships on platforms like Instagram. Critics view the campaign as an effort to manage public opinion as the company faces growing scrutiny over its societal impact.

A high-profile Japanese anime voice actor has taken TikTok to court, alleging the platform hosted videos featuring an artificial intelligence clone of his voice without his consent. The case highlights growing tension between voice performers and AI companies over unauthorised replication of their voices, and could set a precedent for how Japanese law treats voice rights in the age of generative AI.

TikTok has agreed to pay at least $100 million to settle a lawsuit with the US state of Alabama. The settlement marks another legal and financial setback for the company in the United States, where it faces ongoing scrutiny from state attorneys general and federal regulators over its operations and practices.

Social media platforms have refused to run paid advertising for a documentary about Elon Musk titled 'Musk'. The rejection means the film's promoters cannot buy promoted placements to reach audiences on the major platforms. The documentary examines Musk's life and influence, and the ad refusals have raised questions about whether platforms are uncomfortable promoting content centred on one of their most prominent figures.

TikTok has agreed to pay Alabama $100 million to settle a lawsuit alleging the company designed its platform to be addictive, particularly for young users. The settlement marks another legal setback for the social media company as US states continue pressing tech firms over the mental health effects of their products on children and teenagers.

The Saudi Central Bank has increased its holdings of Meta Platforms stock, according to a regulatory filing reported by MarketBeat. The disclosure signals continued institutional interest in the social media company among sovereign wealth managers in the Gulf region. Investors watch such moves closely as an indicator of confidence in Meta's advertising business and its push into artificial intelligence.

Meta is presenting artificial intelligence as a way to address a long-standing trust problem with its platforms, arguing that public concerns about the company are often misunderstood. The move comes as scrutiny of social media companies' handling of misinformation, privacy and content moderation remains intense.

A National Review commentary argues that Donald Trump's profiteering through Truth Social can only be addressed by Congress, which holds constitutional tools to check a sitting president's financial entanglements. The piece frames congressional action as the sole viable avenue, since conventional enforcement mechanisms are constrained by Trump's control over the Justice Department and regulatory agencies.

Trump Media, the company behind Donald Trump's social platform Truth Social, is drawing attention again in US news coverage. The company, majority-owned by the former president, has been a volatile stock market player and remains closely tied to Trump's political and business fortunes. No specific new development was detailed in the coverage.

A viral cookie chain has exited a key market and closed all of its stores there. The move signals a pullback for a brand that saw rapid, social-media-driven growth, though the company's stated reasons and which locations are affected remain unspecified in initial reports.