00:00It's Benzinga, bringing Wall Street to Main Street.
00:02A U.S. appeals court on Monday cleared the way for more than 3,000 lawsuits accusing Meta,
00:07Google, TikTok, and Snap of designing addictive social media products targeting young users,
00:12according to Reuters. The 9th U.S. Circuit Court of Appeals dismissed an appeal by Meta and TikTok
00:17seeking to overturn a lower court ruling requiring the companies to face the lawsuits.
00:21The companies argued Section 230 protects them from claims that they failed to warn users about
00:27the addictive nature of their platforms. The court said Section 230 provides a defense against
00:32liability rather than immunity from lawsuits, making the appeal premature. The ruling allows
00:37trials involving claims from states and school districts to proceed.
00:40For all things money, visit Benzinga.com.
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