Facing lawsuits from 29 U.S. states! Meta (META.US) faces "existential" legal pressure as Facebook's infinite scroll and recommendation algorithm confront regulatory overhaul
智通财经2026/08/12 12:41Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
Zhitong Finance APP has learned that Meta Platforms (META.US), the parent company of Facebook, will begin facing trial in a federal court in California on Wednesday for a lawsuit filed by a coalition of state attorneys general. The lawsuit accuses the company of deliberately designing Facebook and Instagram as addictive products for children; the case could expose Meta to massive compensation and force wide-ranging reforms on its platforms.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
After a ten-week hiatus, Strategy (MSTR.US) resumed buying and spent $370 million to increase its holdings of bitcoin
After a ten-week pause, Strategy Inc. has resumed its Bitcoin purchases, returning to its signature accumulation strategy. Previously, the cryptocurrency bear market had put pressure on the company's stock price and weakened market confidence in its financing model.
智通财经•2026/08/31 13:41
Crypto prices
More
Bitcoin
BTC
$77,898.32
-1.23%
Ethereum
ETH
$2,445.74
-1.06%
Tether USDt
USDT
$0.9997
-0.02%
BNB
BNB
$686.64
-1.50%
XRP
XRP
$1.37
-2.62%
USDC
USDC
$1
+0.01%
Solana
SOL
$102.49
-4.31%
TRON
TRX
$0.3334
-2.14%
Hyperliquid
HYPE
$81.02
-3.21%
Zcash
ZEC
$822
-2.87%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now