The Zhitong Finance App learned that on Tuesday, Meta (META.US) fell more than 3% to $547.86. According to the news, it is reported that on August 18, the “Juvenile Addiction Lawsuit” initiated by the Attorney General of 29 US states opened. The plaintiff accused Meta (Meta.us) of deliberately designing Facebook and Instagram to induce addiction among young people, violating the Children's Online Privacy Protection Act (COPPA) and relevant state regulations, and demanded that Meta be ruled illegal, fined, and forced to change its social media operation model. Judge Yvonne Gonzalez Rogers of the Oakland Division of the Northern District of California Federal Court presided over the jury.

The Zhitong Finance App learned that on Tuesday, Meta (META.US) fell more than 3% to $547.86. According to the news, it is reported that on August 18, the “Juvenile Addiction Lawsuit” initiated by the Attorney General of 29 US states opened. The plaintiff accused Meta (Meta.us) of deliberately designing Facebook and Instagram to induce addiction among young people, violating the Children's Online Privacy Protection Act (COPPA) and relevant state regulations, and demanded that Meta be ruled illegal, fined, and forced to change its social media operation model. Judge Yvonne Gonzalez Rogers of the Oakland Division of the Northern District of California Federal Court presided over the jury.