John Ruwitch

The social media giant also agreed to make sweeping changes to Instagram and Facebook.

Opening arguments are underway in a trial that pits four states against the company that owns Facebook and Instagram. They allege that Meta knew its products could hook kids — and lied about the danger.

Four states are suing the parent company of Facebook and Instagram, alleging that the platforms were designed to hook kids and that Meta hid the mental health risks.

Investors are selling off AI-related stocks as doubts are starting to surface over whether the massive spending on AI is worth the investment and whether it’s “one big bubble.”