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Meta to face US trial over addictive platforms, states seek $1.4tn
short by Jessica Rajan / on Monday, 10 August, 2026
Meta will face a major US trial over allegations that Instagram and Facebook were deliberately made addictive for children. Attorneys general from California, Colorado, Kentucky and New Jersey are seeking restrictions on how the platforms operate for minors and up to $1.4 trillion in penalties. The amount is nearly Meta's entire market capitalisation, which exceeded $1.5 trillion on Friday.
read more at CNBC-TV18