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News 2026-07-07 15:05 UTC

Meta’s $1.4 Trillion Penalty Scare Is Almost As Big As Meta Itself

Meta Platforms (NASDAQ: META ) is defending itself in multiple court cases, facing allegations that the company’s social media platforms are harmful and addictive to consumers, especially younger users. A trial coming next month is targeting penalties equal to nearly the entire market capitalization of Meta Platforms.