Core Viewpoint - TikTok has settled a lawsuit alleging that social media companies intentionally create addictive products that harm users, while Snap settled a similar case last week, leaving Meta and YouTube to face trial [1][2]. Group 1 - The lawsuit centers around a 19-year-old plaintiff identified as K.G.M., marking the first of many legal challenges against social media platforms [2]. - Meta CEO Mark Zuckerberg and YouTube head Neal Mohan are expected to testify, which could influence the outcomes of numerous other lawsuits [2]. - By settling, TikTok and Snap are not admitting to the allegations but have reached an agreement with the plaintiff outside of court, with settlement terms undisclosed [3].

A landmark court case in California is putting big tech companies including Meta and TikTok on trial, alleging that these tech giants created addictive algorithms which could impact mental health. The case has drawn comparisons to those brought against tobacco giants in the 1990s. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Subscribe to Here's the Scoop podcast: https://www.nbcnew ...

Core Viewpoint - Reddit's stock (RDDT) is experiencing a significant decline, attributed to YouTube surpassing it as the primary data source for AI models, leading to concerns about Reddit's revenue growth in 2026 [1] Group 1: Impact of YouTube on Reddit - YouTube has overtaken Reddit as the main source for AI training data, negatively impacting Reddit's perceived value among investors [1] - The shift in AI model preferences from Reddit to YouTube is seen as a seismic change, devaluing Reddit's data which was previously considered a "goldmine" for AI firms [1] Group 2: Analyst Insights - Cleveland Research analyst Ross Walthall has indicated a slowdown in revenue growth for Reddit, shifting the narrative from "unlimited growth" to "moderating growth" for 2026 [1] - Walthall noted a decrease in new advertisers on Reddit, with larger US clients reducing their spending forecasts, which adds to the bearish sentiment around RDDT shares [1] Group 3: Stock Valuation Concerns - Despite a recent decline, Reddit's stock is still trading at approximately 57 times forward earnings, making it more expensive than leading AI companies like Nvidia, which has a forward P/E of about 42 [1] - The stock is currently trading slightly above its 100-day moving average at the $184 level, and a decisive break below this price could lead to further downward momentum [1]

TikTok says it’s still working to recover its U.S. infrastructure https://t.co/VB5QYNBAq8 ...

Core Viewpoint - TikTok has settled with a plaintiff and will not participate in a significant social media trial, which will continue against Meta and YouTube [1] Group 1: Legal Developments - The trial is set to take place in Los Angeles Superior Court and is the first of several major legal cases against social media companies in 2026, drawing parallels to the lawsuits against 'Big Tobacco' in the 1990s [1] - An attorney for the plaintiff expressed satisfaction with the settlement and indicated that the focus has shifted to Meta and YouTube for the ongoing trial [2] - Last week, Snapchat also reached a settlement with the plaintiff, indicating a trend among social media companies to resolve legal disputes [2]

Core Viewpoint - TikTok has agreed to settle a lawsuit regarding social media addiction, which involves a 19-year-old plaintiff who claims that her addiction to social media platforms has led to depression and suicidal thoughts [1][2]. Group 1: Lawsuit Details - The plaintiff, identified as K.G.M., alleges that social media platforms, including TikTok, are responsible for her addiction due to their attention-grabbing designs [1]. - K.G.M. is part of a series of test cases, known as "bellwether" trials, selected from numerous lawsuits that accuse social media platforms of harming youth [2]. - The lawsuit names four defendants: YouTube, Meta, Snap, and TikTok, with Snap having already settled with K.G.M. on January 20 [3]. Group 2: Trial Proceedings - Jury selection for K.G.M.'s trial is set to begin, with Meta CEO Mark Zuckerberg expected to testify [2][3]. - TikTok has not provided additional details regarding the settlement agreement at this time [2].

A woman who sued TikTok over allegations that the company designed its platform to addict young users is moving to settle her lawsuit with the social media giant https://t.co/mT87CjudjB ...

Border Patrol commander Greg Bovino is removed from his post in Minneapolis after the shooting of Alex Pretti, TikTok denies allegations of censorship after users complained about issues with uploading videos and deaths caused by the cross-country winter storm are reported. For more context and news coverage of the most important stories of our day, click here: https://www.nbcnews.com » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Subscribe to Here's the Scoop podcast: https://www.nbcnews.com/h ...

California probes US TikTok over claims it censors anti-Trump content https://t.co/IqAghpMZko ...

Like so many others, we’re still reeling from the killing of Alex Pretti in Minneapolis. To open the show, we talk with Adi Robertson about how videos of the incident moved around social platforms, how even well-intentioned people got confused by AI imagery, and what we’ve learned about the state of misinformation. Then Adi explains the new TikTok, which is both the same and very different from the old TikTok. The newly US-centric version of the app has had some switching pains so far, and the changes may o ...