Meta's $1. 4 Trillion Nightmare: Can States Break the Social Media Giant? California and three other states are taking Meta Platforms to trial this week in a landmark case over social media harms to children.
The tech giant, behind Facebook and Instagram, is facing its biggest challenge yet in designing features that allegedly contribute to youth mental health crises. The $1.
4 trillion in potential damages being sought by the states would dwarf Meta's entire market value, potentially sending the company into bankruptcy.