Julie Morgan
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Podcast Appearances
The now 20-year-old woman alleged that she became addicted to apps like Instagram and YouTube,
due to the appearance of the platforms.
She said household social media platforms caused her to develop anxiety, body dysmorphia, and suicidal thoughts.
TikTok and Snap were also part of the suit, but they settled before the case went to court.
The jury ordered compensatory damages of $3 million to be awarded to the plaintiff, of which Mehta is expected to pay 70% and Google the remaining.
Additional punitive damages are also being considered.
A Meta spokesperson said that they respectfully disagree with the verdict and are evaluating legal options.
Now for a look at a few other articles that are trending.
Trump's team is reportedly exploring implications of oil reaching $200 a barrel.
Iran is said to draft a bill to impose fees for transit through the Strait of Hormuz.
And an update to a story we brought you last week here on Wall Street Breakfast.
Supermicro faces a lawsuit alleging securities fraud tied to China sales.
On our Catalyst Watch for the Day, shareholders with Heritage Commerce and CVB Financial vote on their all-stock deal valued at about $811 million.
Shareholders with ON24 will vote on the buyout deal from Cvent.
Merrick's Group will hold its Investor Day event.
And Genius Sports Limited will host a strategic New Front event as part of the official IAB New Fronts Week.
The new front will also feature conversations with leaders from Publicis Sports, NBCUniversal, the NFL, WNBA, Lowe's, and others exploring how live sports is evolving into a real-time, data-powered, and addressable media environment.
On Wall Street, Dow, S&P, and Nasdaq futures are in the red.
Crude oil is up 4% at $93.
Bitcoin is down 2% at $69,000.