Meta's Zuckerberg Not Liable in Lawsuits over Social Media Harm to Children

Meta's CEO Mark Zuckerberg reacts as he testifies during the Senate Judiciary Committee hearing on online child sexual exploitation at the US Capitol in Washington, US, January 31, 2024. REUTERS/Evelyn Hockstein/File Photo
Meta's CEO Mark Zuckerberg reacts as he testifies during the Senate Judiciary Committee hearing on online child sexual exploitation at the US Capitol in Washington, US, January 31, 2024. REUTERS/Evelyn Hockstein/File Photo
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Meta's Zuckerberg Not Liable in Lawsuits over Social Media Harm to Children

Meta's CEO Mark Zuckerberg reacts as he testifies during the Senate Judiciary Committee hearing on online child sexual exploitation at the US Capitol in Washington, US, January 31, 2024. REUTERS/Evelyn Hockstein/File Photo
Meta's CEO Mark Zuckerberg reacts as he testifies during the Senate Judiciary Committee hearing on online child sexual exploitation at the US Capitol in Washington, US, January 31, 2024. REUTERS/Evelyn Hockstein/File Photo

A federal judge said Meta Platforms (META.O), CEO Mark Zuckerberg is not personally liable in 25 lawsuits accusing his company of addicting children to social media.

US District Judge Yvonne Gonzalez Rogers in Oakland, California rejected accusations on Thursday that Zuckerberg directed Meta's efforts to conceal from children the serious mental health risks of using Facebook and Instagram, Reuters reported.

The plaintiffs called Meta's billionaire co-founder the "guiding spirit" behind alleged concealment efforts, saying he ignored repeated internal warnings about the risks and publicly downplayed them.

But the judge found a lack of specifics about what Zuckerberg did wrong, and said "control of corporate activity alone is insufficient" to establish liability. Her decision does not affect related claims against Meta itself.

The plaintiffs brought claims under the laws of 13 US states: Arizona, Colorado, Connecticut, Georgia, Maryland, New York, North Carolina, Ohio, Pennsylvania, South Carolina, Texas, Virginia and Wisconsin.

Previn Warren, a partner at Motley Rice representing the plaintiffs, said on Friday his clients will continue gathering evidence "to uncover the truth about how Big Tech has knowingly prioritized profits over the safety of our children."

The 25 lawsuits are among several hundred by children, their families and school districts seeking damages from Meta, Alphabet's (GOOGL.O), Google, ByteDance's TikTok and Snap's (SNAP.N), Snapchat over social media addiction.

Dozens of US state attorneys general are pursuing similar cases against Meta, linking its social media platforms to anxiety, depression, insomnia, and interference with education and daily life.

The case is In re Social Media Adolescent Addiction/Personal Injury Products Liability Litigation, US District Court, Northern District of California, No. 22-md-03047.



Sony's Profits Rise on Robust Performance for Music, Movies and Games

FILE - A logo of Sony is seen at the headquarters of Sony Corp. on May 10, 2022, in Tokyo. (AP Photo/Eugene Hoshiko, File)
FILE - A logo of Sony is seen at the headquarters of Sony Corp. on May 10, 2022, in Tokyo. (AP Photo/Eugene Hoshiko, File)
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Sony's Profits Rise on Robust Performance for Music, Movies and Games

FILE - A logo of Sony is seen at the headquarters of Sony Corp. on May 10, 2022, in Tokyo. (AP Photo/Eugene Hoshiko, File)
FILE - A logo of Sony is seen at the headquarters of Sony Corp. on May 10, 2022, in Tokyo. (AP Photo/Eugene Hoshiko, File)

Japanese technology and entertainment company Sony logged an 18% rise in profit for the fiscal year through March on healthy results at its music and video-game operations.

Tokyo-based Sony Corp. said Wednesday that its annual profit totaled 1.14 trillion yen ($7.8 billion), up from 970.6 billion yen in the previous fiscal year, The Associated Press reported.

Annual sales were virtually unchanged, inching down to 12.957 trillion yen ($88 billion) from 13.020 trillion yen.

One area that lagged among Sony’s sprawling businesses was the financial segment, where revenue stalled. But its film division and its imaging and sensor solutions segment did well.

Among the movies that fared positively at the box office for the fiscal year through March were “Venom: The Last Dance,” featuring the Marvel Comics superhero, and “Bad Boys: Ride or Die,” an action comedy, in which Will Smith and Martin Lawrence come back in their popular cop roles, the fourth installment in the series.

Sony, which makes the PlayStation console and game software played on that machine, also marked healthy results in the gaming business.

Its music operations, which also held up, include recordings, streaming services and music for games. The top-selling recorded music projects for the latest fiscal year globally was SZA’s “SOS Deluxe: LANA,” followed by Beyonce, Future & Metro Boomin and Travis Scott.

For the Japan music business, the top-seller was Kenshi Yonezu’s “Lost Corner” album, followed by offerings from Stray Kids and Six Tones.

For the January-March quarter, Sony posted a 197.7 billion yen ($1.3 billion) profit, up 5% from 189 billion yen the same quarter in the previous fiscal year. Sales were 2.6 trillion yen ($17.7 billion), down 24% from 3.48 trillion yen.

Sony is forecasting a nearly 13% drop in profit for the fiscal year through March 2026, to 930 billion yen ($6.3 billion), on 11.7 trillion yen ($80 billion) sales, down 2.9% on-year.

Sony officials are set to brief reporters on the latest company strategy for growth later in the day. Sony stocks lost 3% in Tokyo morning trading.