00:00It's Benzinga bringing Wall Street to Main Street.
00:02A jury ruled against Meta platforms and Alphabet-owned YouTube in a case involving claims that their
00:08apps were designed to be addictive and harmful to children, according to the Wall Street Journal.
00:12A 20-year-old plaintiff alleged the platforms caused anxiety, depression, and other harms.
00:18The jury found the companies negligent and concluded the apps were intentionally addictive,
00:23especially for younger users. The plaintiff was awarded $3 million from both companies.
00:28Meta and YouTube are likely to appeal the decision.
00:32The ruling may prompt additional lawsuits against social media companies.
00:36Several states have already pursued cases over addictiveness and lack of safeguards for
00:40children. The decision could challenge liability protections under Section 230.
00:45For all things money, visit Benzinga.com.
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