Andy Stone, communications at Meta, provided Meta’s statement on the LA verdict: “We respectfully disagree with the verdict and will appeal. Teen mental health is profoundly complex and cannot be linked to a single app. We will continue to defend ourselves vigorously as every case is different, and we remain confident in our record of protecting teens online.”
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on META:
- META Stock Slides after Losing Landmark Addiction Case—DA Davidson Calls It a ‘Setback’
- Broadcom (AVGO) Powers the AI Boom — Bullish despite the Pullback
- Arm’s AI Chip Fits “Core Strength in Low Power” — Stock Soars 16% on Massive Target Boosts
- Is Nebius Better Than CoreWeave? BofA’s Top Analyst Weighs In
- “This Case Misunderstands YouTube”: Alphabet Stock (NASDAQ:GOOGL) Slips After Landmark Trial Verdict Hits