yahoo news | Meta must face youth addiction lawsuit by Massachusetts, court rules

Meta Platforms must face a lawsuit brought by Massachusetts Attorney General Andrea Joy Campbell, after the state’s Supreme Judicial Court ruled that the company deliberately designed Facebook and Instagram features to addict young users. The decision marks the first time a state high court has examined whether Section 230 of the Communications Decency Act—a federal law that shields internet firms from liability for user‑posted content—also bars claims that a company knowingly created a product that harms minors. Meta has denied the accusations and says it takes extensive steps to protect teens on its platforms.

The ruling comes amid a wave of legal actions against the firm. A Los Angeles jury in March found Meta and Google negligent for designing social‑media platforms that are harmful to youth, awarding $6 million to a 20‑year‑old who said she became addicted as a child. A day earlier, a jury ordered Meta to pay $375 million in civil penalties in a New Mexico case alleging the company misled users about safety and enabled child sexual exploitation. So far, 34 other states are pursuing similar claims, and the Massachusetts case is one of at least nine state‑court lawsuits filed since 2023, including a recent action by Iowa’s attorney general.

Campbell’s complaint alleges that Instagram’s push notifications, “likes,” and endless‑scroll design were engineered to exploit teenagers’ psychological vulnerabilities and fear of missing out, profiting from their addiction. Internal data, the suit says, showed the platform was harming children, yet executives rejected changes that research indicated would improve teens’ well‑being. While Meta sought dismissal under Section 230, the court held the law does not protect the company from allegations about false statements concerning Instagram’s safety, its age‑verification efforts, or its broader business conduct.

Read more: https://finance.yahoo.com/sectors/technology/articles/meta-must-face-youth-addiction-135738083.html?fr=sycsrp_catchall

#massachusetts #metaplatforms

Meta must face youth addiction lawsuit by Massachusetts, court rules

Meta Platforms must face a lawsuit by Massachusetts' attorney general alleging that the Facebook and Instagram parent deliberately designed features to...

Yahoo Finance

yahoo news | Meta Banks on AI to Clear the Smoke of Social-Media Lawsuits

Meta Platforms is trying to shift the spotlight from recent courtroom defeats to its AI ambitions. This week the company unveiled Muse Spark, its latest large‑language model from the newly formed Superintelligence Labs, marking the first major release after a delayed rollout of the previous Llama series. The launch arrives just weeks after two verdicts held Facebook and Instagram liable for harms caused by user‑generated content, sparking comparisons to the 1990s “big‑tobacco” lawsuits that eventually forced massive settlements and changes in business practices. While the judgments have not yet inflicted significant monetary damage—$6 million in damages is a tiny fraction of Meta’s hourly operating cash flow—they expose the firm to a possible cascade of litigation that could pressure its lucrative advertising engine.

Despite the legal cloud, Muse Spark is being praised for its performance, ranking near the top offerings from Google, OpenAI, and Anthropic in benchmarks from Artificial Analysis. Analysts see the model as evidence that Meta can now compete shoulder‑to‑shoulder with the industry’s leading AI players. The company is also signaling that this is only the first of several advanced models expected this year, a timeline that aligns with its aggressive capital‑expenditure plans. Meta’s spending jumped 84 % to more than $72 billion last year and could rise to $135 billion this year, with AI‑related R&D alone projected to hit $81 billion, a pace that dwarfs Google’s expected AI spend as a share of revenue.

The convergence of an AI race and mounting legal risk creates a precarious outlook for Meta. Although the recent verdicts have had little immediate financial impact, they could open the floodgates to thousands of pending lawsuits, potentially dragging the stock down despite a recent 9 % rebound following the Muse Spark announcement. The company’s core ad business remains robust—boasting a 41 % operating margin—but its long‑term strategy hinges on achieving “superintelligence” before rivals, a goal that may demand spending more than half of projected revenue. If litigation escalates into a “big‑tobacco” style settlement, Meta’s cash flow could be tested, yet its scale and profit margins suggest it could weather such storms better than its historical parallels.

Read more: https://finance.yahoo.com/markets/stocks/articles/meta-banks-ai-clear-smoke-093000326.html?fr=sycsrp_catchall

#metaplatforms #superintelligencelabs #artificialanalysis

Meta Banks on AI to Clear the Smoke of Social-Media Lawsuits

While the tech giant has the means to fight in court, ongoing legal battles could temper a long-term recovery in its shares.

Yahoo Finance

Victims sought for lawsuits against Meta: Ads on Instagram & Co. blocked

Two rulings in the US could trigger new lawsuits against Meta. Lawyers are seeking clients for this – including on Instagram & Co. Meta is now preventing this.

https://www.heise.de/en/news/Victims-sought-for-lawsuits-against-Meta-Ads-on-Instagram-Co-blocked-11251555.html?wt_mc=sm.red.ho.mastodon.mastodon.md_beitraege.md_beitraege&utm_source=mastodon

#Facebook #Instagram #Internet #IT #MetaPlatforms #Netzpolitik #Recht #SocialMedia #news

Victims sought for lawsuits against Meta: Ads on Instagram & Co. blocked

Two rulings in the US could trigger new lawsuits against Meta. Lawyers are seeking clients for this – including on Instagram & Co. Meta is now preventing this.

heise online
Zwei Urteile in den USA könnten eine Klagewelle gegen Meta auslösen. Dafür suchen Anwälte Mandanten – auch auf Instagram & Co. Das verhindert Meta jetzt. #Meta Platforms

Geschädigte für Klagen gegen M...
Geschädigte für Klagen gegen Meta gesucht: Werbung auf Instagram & Co. gesperrt

Zwei Urteile in den USA könnten eine Klagewelle gegen Meta auslösen. Dafür suchen Anwälte Mandanten – auch auf Instagram & Co. Das verhindert Meta jetzt.

heise online

Geschädigte für Klagen gegen Meta gesucht: Werbung auf Instagram & Co. gesperrt

Zwei Urteile in den USA könnten eine Klagewelle gegen Meta auslösen. Dafür suchen Anwälte Mandanten – auch auf Instagram & Co. Das verhindert Meta jetzt.

https://www.heise.de/news/Geschaedigte-fuer-Klagen-gegen-Meta-gesucht-Werbung-auf-Instagram-Co-gesperrt-11251472.html?wt_mc=sm.red.ho.mastodon.mastodon.md_beitraege.md_beitraege&utm_source=mastodon

#Facebook #Instagram #Internet #IT #MetaPlatforms #Netzpolitik #Recht #SocialMedia #news

Geschädigte für Klagen gegen Meta gesucht: Werbung auf Instagram & Co. gesperrt

Zwei Urteile in den USA könnten eine Klagewelle gegen Meta auslösen. Dafür suchen Anwälte Mandanten – auch auf Instagram & Co. Das verhindert Meta jetzt.

heise online

Freitag: TikTok-Rechenzentrum für EU-Daten, OpenAIs Stargate-UK-Projekt auf Eis

ByteDance-Datacenter in Finnland + OpenAI-Rechenzentrum gestoppt + Meta-Milliarden für Cloud-Betreiber + Motor-Upgrade für E-Bikes + Podcast zu Glasfaser-Speed

https://www.heise.de/news/Freitag-TikTok-Rechenzentrum-fuer-EU-Daten-OpenAIs-Stargate-UK-Projekt-auf-Eis-11251426.html?wt_mc=sm.red.ho.mastodon.mastodon.md_beitraege.md_beitraege&utm_source=mastodon

#CloudComputing #Datenschutz #Elektroantrieb #EU #Glasfaser #hoDaily #Journal #KünstlicheIntelligenz #MetaPlatforms #OpenAI #Rechenzentrum #TikTok #Verbraucherschutz #news

Freitag: TikTok-Rechenzentrum für EU-Daten, OpenAIs Stargate-UK-Projekt auf Eis

ByteDance-Datacenter in Finnland + OpenAI-Rechenzentrum gestoppt + Meta-Milliarden für Cloud-Betreiber + Motor-Upgrade für E-Bikes + Podcast zu Glasfaser-Speed

heise online

AI Race: Meta and CoreWeave in a $21 Billion Deal

Meta acquires $21 billion in AI cloud capacity from CoreWeave over six years – one day after unveiling its new AI model Muse Spark.

https://www.heise.de/en/news/AI-Race-Meta-and-CoreWeave-in-a-21-Billion-Deal-11251273.html?wt_mc=sm.red.ho.mastodon.mastodon.md_beitraege.md_beitraege&utm_source=mastodon

#IT #KünstlicheIntelligenz #MetaPlatforms #Nvidia #OpenAI #news

AI Race: Meta and CoreWeave in a $21 Billion Deal

Meta acquires $21 billion in AI cloud capacity from CoreWeave over six years – one day after unveiling its new AI model Muse Spark.

heise online
Meta erwirbt von CoreWeave KI-Cloud-Kapazität im Wert 21 Milliarden US-Dollar über sechs Jahre – einen Tag nach Vorstellung seines neuen KI-Modells Muse Spark. #Meta Platforms

KI-Wettlauf: Meta und CoreWeav...

KI-Wettlauf: Meta und CoreWeave mit 21-Milliarden-Dollar-Deal

Meta erwirbt von CoreWeave KI-Cloud-Kapazität im Wert 21 Milliarden US-Dollar über sechs Jahre – einen Tag nach Vorstellung seines neuen KI-Modells Muse Spark.

https://www.heise.de/news/KI-Wettlauf-Meta-und-CoreWeave-mit-21-Milliarden-Dollar-Deal-11251258.html?wt_mc=sm.red.ho.mastodon.mastodon.md_beitraege.md_beitraege&utm_source=mastodon

#IT #KünstlicheIntelligenz #MetaPlatforms #Nvidia #OpenAI #news

KI-Wettlauf: Meta und CoreWeave mit 21-Milliarden-Dollar-Deal

Meta erwirbt von CoreWeave KI-Cloud-Kapazität im Wert 21 Milliarden US-Dollar über sechs Jahre – einen Tag nach Vorstellung seines neuen KI-Modells Muse Spark.

heise online

yahoo news | Zuckerberg's AI Bet Yields First Proprietary Model

Meta Platforms introduced Muse Spark, its first proprietary AI model since CEO Mark Zuckerberg’s aggressive AI investment drive. Unlike the earlier open‑source Llama series, Muse Spark is a smaller, closed‑source system designed to power a smarter version of Meta AI across Instagram, Facebook and Threads, drawing on content shared within those apps. The model is currently available in a private preview for selected partners, with Meta indicating that future iterations may be open‑sourced.

The launch stems from Meta’s Superintelligence Lab, headed by Alexandr Wang after Meta’s $15 billion investment in his data‑labelling firm Scale AI. Muse Spark reportedly outperformed leading models from Alphabet, OpenAI and Anthropic on specific reasoning and multimodal benchmarks, though Meta acknowledged gaps in long‑horizon agentic tasks and coding workflows. Notable new features include a healthcare mode shaped by input from over 1,000 doctors and a shopping assistant that lets users compare prices directly within the platform.

Following the announcement, Meta’s shares jumped 7.55 % intraday, signaling market optimism despite Zuckerberg’s earlier warning that the model would not yet rival the most advanced systems from competitors. The unveiling marks a pivotal step for Meta’s AI strategy, transitioning from open‑source experimentation to a purpose‑built, proprietary offering aimed at enhancing user experiences across its family of apps.

Read more: https://finance.yahoo.com/sectors/technology/articles/zuckerbergs-ai-bet-yields-first-202402246.html?fr=sycsrp_catchall

#zuckerberg #metaplatforms #meta-ai #superintelligencelab #scaleai

Zuckerberg's AI Bet Yields First Proprietary Model

New Meta model targets social media, health, and shopping use cases

Yahoo Finance