#social media companies

#social media companies

A potential TikTok ban in the U.S. could benefit rival social media companies such as Meta Platforms, Alphabet, and Snap. [ more ]

Meta and Snap had diverging stock performance after earnings reports [ more ]

Americans are concerned about social media companies' influence in politics, leading to calls for increased government regulation.

Democrats are more inclined towards government regulation, while Republicans perceive a pro-liberal bias in major technology firms. [ more ]

Social media companies urged to assist law enforcement in tracking criminals and combating extremism. [ more ]

Truth Social's user base is small compared to other social media companies at their IPOs.

Truth Social is trading like a meme stock, detached from its financial reality. [ more ]

The US Supreme Court is hearing a case on Biden administration's communication with social media companies during Covid-19 pandemic and free speech violation.

The legal question revolves around whether the US government unconstitutionally pressured social media platforms to censor users' speech by flagging posts. [ more ]

A federal judge denied a motion to dismiss a lawsuit against major social media companies, allowing allegations of addiction and mental health harms to proceed.

Claims that the companies failed to implement effective parental controls and violated children's privacy laws can also move forward. [ more ]

A federal judge has rejected the motion by top social media companies to dismiss a case alleging their apps are addictive and unsafe for children.

The judge ruled that the social media companies are not immune from the suit's allegations under the First Amendment or Section 230.

At least three dozen states have sued Meta and Instagram, alleging that Meta knowingly made Instagram addictive for children. [ more ]