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Meta Faces 'Tobacco Moment' Lawsuit Over Youth Safety; Shares Slump

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The Story

News Summary

  • California AG Rob Bonta compares the youth safety lawsuit against Meta to the landmark tobacco litigation, alleging features on Facebook and Instagram knowingly harmed children.
  • The states seek financial penalties and product changes, posing a significant legal and regulatory risk.
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META price history

648.03 +5.98% over the displayed period

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