Tech companies post earnings amid bubble concerns
Four of the biggest tech companies reported earnings after the closing bell on Wednesday. Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
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Four of the biggest tech companies reported earnings after the closing bell on Wednesday. Adam Levine, senior tech writer for Barron's, joins CBS News to discuss.
Meta plans to lay off roughly 10% of its workforce as the technology giant steps up its spending on artificial intelligence.
Business Insider got a look at an email Meta, the parent company of Facebook, sent to all employees, letting them know that it would start tracking their interactions with their computers to train the company's artificial intelligence. Business Insider tech correspondent Charles Rollet joins to discuss.
The Consumer Federation of America accused Meta of allowing scam advertisements to "proliferate on its platforms."
In March a New Mexico jury ordered Meta to pay $375 million for enabling sexual exploitation on its platforms. A hearing is set for May on whether the company has to make changes to how its sites are run to better protect children. New Mexico Attorney General Raúl Torrez joins "The Takeout" to discuss.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
The trial of a Hawaii doctor accused of attempting to murder his wife while on a hiking trail is underway. CBS News chief correspondent Matt Gutman breaks down footage of the alleged incident that the jury watched on Wednesday. Then, CBS News legal contributor Jessica Levinson joins with analysis.
Meta and YouTube were found liable on all charges in a landmark social media addiction trial. CBS News' Jo Ling Kent reports.
After days of deliberation, a jury in Los Angeles found Meta and YouTube liable for creating platforms designed to be addictive for kids and for failing to warn them. The plaintiff was awarded $6 million in damages in the case. Meta and Google, which owns YouTube, both say they'll appeal.
The verdict, which caps a weeks-long trial in Los Angeles, could set a legal precedent for similar allegations brought against social media companies.
A Los Angeles jury ruled against Meta and Google on Wednesday, finding the companies liable for reports of damage done to young people by social media. That verdict came less than 24 hours after a similar ruling in New Mexico, where a jury found Meta violated state consumer protection law and endangered children. New Mexico attorney general Raúl Torrez joins "The Daily Report" to discuss.
A jury found that Meta and YouTube are liable for creating products that led to harmful and addictive behavior by young users, a landmark decision that could set a legal precedent for similar allegations brought against social media companies. Jo Ling Kent reports.
In a landmark social media trial, Meta and YouTube were found liable for creating products that led to addictive behavior. CBS News senior business and technology correspondent Jo Ling Kent has the details.
A Los Angeles jury has found Meta and YouTube liable in a first-of-its-kind lawsuit that alleged the platforms knowingly made their services addictive and harmful to minors. CBS News contributor Jessica Levinson has more on the verdict.
The jury in a landmark social media addiction trial on Wednesday found Meta and YouTube liable for creating products that led to harmful and addictive behavior in young users. Scott Stein, editor at large for CNET, joins CBS News to break down the day's tech headlines.
In a landmark verdict on Wednesday, a jury found Meta and YouTube deliberately designed social media apps to be addictive. Emma Lembke, founder of the Log Off Movement and Gen Z advocacy director at the Sustainable Media Center, joins CBS News with her reaction.
Meta and YouTube were found liable by a jury Wednesday for creating products that led to harmful and addictive behavior by young users. CBS News' Jo Ling Kent and Caroline Polisi break down the case.
A jury on Wednesday found Meta and YouTube liable for creating products that led to harmful and addictive behavior by young users and voted to award $3 million in damages to the lead plaintiff in the case. CBS News' Shanelle Kaul and Jo Ling Kent have more.
A jury has found Meta and YouTube both liable on all charges in a major social media addiction trial. CBS News legal contributor Caroline Polisi has more.
A jury on Wednesday found YouTube and Instagram's parent company, Meta, liable on all charges in a landmark social media addiction trial. CBS News senior business and tech correspondent Jo Ling Kent has more.
Jury deliberations continue Wednesday in the landmark California social media addiction case. Meanwhile, a jury in New Mexico found Meta violated a consumer protection law by enabling child exploitation. CBS News legal contributor Jessica Levinson has more.
A jury in New Mexico found Meta, which operates Facebook and Instagram, misled users about safety and enabled child sexual exploitation on its platforms. A judge has ordered the tech giant to pay $375 million in civil damages. Meta says it will appeal the verdict.
The landmark decision comes after a nearly seven-week trial. Jurors sided with state prosecutors who argued that Meta prioritized profits over safety.
The New Mexico Department of Justice has won a landmark trial against Meta, the parent company of Facebook and Instagram. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Jury deliberations for a landmark social media addiction trial in California entered a fourth day Wednesday. CBS News' Elaine Quijano has the latest.