What the social media addiction lawsuit could cost Meta

Social media giant Meta is facing a landmark trial that could impact its future.Opening statements began on Tuesday in a US federal court case brought by 29 state attorneys general, who have accused Facebook and Instagram’s parent company of designing platforms to encourage infinite scrolling and keep their youngest users hooked, despite allegedly knowing they could fuel addictive behaviour. The company is also accused of collecting data on minors.Recommended Stories list of 4 itemslist 1 of 4Trump pauses 50 percent tariffs on Canada in last-minute deallist 2 of 4South Africa to Australia: Why coal profits are surging during Iran warlist 3 of 4China’s Unitree soars in market debut as investors bet on humanoid robotslist 4 of 4US and Canada reach ‘very fair’ trade agreement, Trump saysend of listThe case is expected to last as long as six weeks. If the attorneys general get their way, the Silicon Valley-based tech company might have to make structural changes to its platform and pay as much as $1.4 trillion in fines.While Meta denies the allegations, the potential consequences of this case could be significant for the company, which is already facing low employee morale, waves of la...