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Neal Freiman

👤 Speaker
26416 total appearances

Appearances Over Time

Podcast Appearances

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

Neil, the jury is still hearing arguments around whether to impose punitive damages on the companies to go along with the compensation they are sending Kaylee's way.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

But the bigger question is, does this open the floodgates as the companies face down similar cases scheduled to go to trial later this year?

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

Yeah.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

I think the best way to look at this dichotomy is that it's no, it's not a speech case anymore.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

That's what sex and two 30 rested on.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

It's like

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

can people say whatever they want on our platforms and are we liable for that?

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

That was a shield for a long time, but you are correct that now that we're looking into the specific design choices, that's what makes it addictive as a cigarette or addictive as tobacco.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

That's why we keep kind of comparing it to the tobacco industry.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

I mentioned that a punitive damages phase is what's up next in the trial and that the plaintiff's lawyer is kind of going for the jugular.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

At one point in the courtroom, Mark Lanier, who is the lawyer,

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

who represented Cayley, held up a jar of M&Ms saying each piece of candy represented a billion dollars of the company's value.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

And then he took off one bit of the shell of a single blue M&M and said, this is $200 million.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

They do not want to feel the pain for what they did.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

So basically he's arguing for much larger, you know, damages to come out of this trial, not just the compensatory payment made to Cayley.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

That's a couple more blue M&Ms, which is what these lawyers are after.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

Moving on, the price of a brick is going up.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

This week, Dow Chemicals told customers it will double a planned price hike for certain plastic resins as the shutdown at the Strait of Hormuz continues to choke off critical raw materials.

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

Dow's original 15 cent per pound price hike of polyethylene

Morning Brew Daily
Meta, Google Lose Social Media Addiction Trial & NASA’s $20B Moon Base

a lightweight, durable thermoplastic that is the world's most produced plastic, is now 30 cents, meaning that everything from shopping bags to plastic bottles is going to get more expensive.