Business Wire
BusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex TimesBusinessEli Lilly’s reported $2.9B Merida acquisition sparks M&A chatter as SLS and IBRX rebound after AugustThe Apex TimesBusinessElon Musk’s chip preference spotlights Nvidia’s edge over AMD, but investors still watch executionThe Apex TimesBusinessTesla shares outpaced Rivian and Chinese EV rivals in August as Robotaxi rollout inched higher, traders looked ahead to the next Cybercab pushThe Apex TimesBusinessModerna shares surge 156% in August as investors bet on clinical progressThe Apex TimesBusinessMing-Chi Kuo says Nvidia has revived Rubin CPX after it seemingly vanished from the AI roadmapThe Apex TimesBusinessApple’s next CEO arrives with a different kind of power: money, and an AI testThe Apex TimesBusinessTesla and Einride set first 2026 delivery timeline for 500 Semi trucksThe Apex TimesBusinessZonPrep buys inbound-inventory software and services, betting on Amazon logistics automationThe Apex TimesBusinessNvidia pauses part of its AI customer financing after a strong quarter, raising questions about timingThe Apex TimesBusinessBoeing Teams With Thailand’s Civil Aviation Authority to Roll Out Competency-Based Pilot Training Across the CountryThe Apex TimesBusinessApple CEO transition hands AI test to John Ternus as AAPL slipsThe Apex TimesBusinessAnthropic reportedly signs $35 billion cloud deal involving Nvidia-backed Lambda and a Texas data-center leaseThe Apex Times
Back to front
Meta’s bid to end states’ lawsuit early fails as court keeps consumer claims alive
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jul 1, 6:46 AM EDT

Meta’s bid to end states’ lawsuit early fails as court keeps consumer claims alive

A coalition of U.S. states challenging Meta Platforms’ Facebook and Instagram practices said children are harmed by addictive design features. Meta failed to win summary judgment, meaning the case will move forward rather than being dismissed at an early stage.

Meta Platforms lost a bid for summary judgment in a lawsuit brought by multiple U.S. states, according to a report by Yahoo Finance. The states’ case challenges claims that Facebook and Instagram can be designed or used in ways that lead to harmful, addictive outcomes for children.

A summary judgment motion is a request to end a case without a full trial by arguing there is no genuine dispute over key facts and the moving party should win under the law. With that bid denied, Meta will have to continue litigating rather than obtaining a quick ruling in its favor.

The lawsuit, as characterized in the report, targets Meta’s product ecosystem around Facebook and Instagram and centers on allegations that the platforms contribute to child addiction. The outcome means the court determined there are issues that require further factual development or legal analysis before any final decision.

Meta did not publicly resolve the claims through the summary judgment process. The reported decision preserves the states’ ability to press forward with their theory of the case and seek remedies later, after additional proceedings.

For Meta, which operates major social platforms including Facebook and Instagram, the litigation adds to a broader policy and regulatory environment scrutinizing engagement-driven features and the impact on minors. Companies in the social media sector have increasingly faced attention from regulators and lawmakers on content moderation, privacy, and youth safety, with cases often hinging on marketing, product design, and consumer-protection arguments.

While the summary judgment loss is a negative procedural step for Meta, it does not itself determine liability. Courts typically require a full record to decide questions such as what conduct is attributable to a company, whether it meets legal standards alleged by plaintiffs, and what proof is sufficient to support damages or injunctive relief.

The report did not provide granular details such as the specific states involved, the court and judge, the exact claims that survived the motion, or any discussion of evidentiary disputes that drove the denial. Those details remain important to understanding the case’s trajectory and which factual issues are likely to be contested next.

What to watch next is the scheduling of further litigation steps, including whether the case proceeds toward discovery and potential settlement discussions, and whether Meta raises narrower defenses or seeks other procedural rulings before a trial. For state attorneys general, the focus will likely be on developing evidence to substantiate the alleged child-harm and product-design theories.

Why It Matters

  • The decision indicates the court is not prepared to dispose of the case at the early stage, increasing the likelihood of prolonged litigation for Meta.
  • It underscores continuing legal scrutiny of social media engagement and youth-safety allegations, an area with rising regulatory and political pressure.
  • The outcome may shape how other courts evaluate similar consumer-protection and product-design theories targeting large platforms.

Sources

Key Facts

  • Meta Platforms failed to win a summary judgment bid in a lawsuit brought by a coalition of U.S. states.
  • The states’ claims, as described in the report, allege that Facebook and Instagram contribute to harmful, addictive effects for children.
  • A summary judgment ruling would have ended the case early if the court found no material factual disputes, but that outcome was not reached.
  • The denial keeps the case alive for further proceedings rather than resolving liability at this stage.

Technology Related

Sep 1, 12:07 AM EDT
The Apex Times

Apple CEO transition hands AI test to John Ternus as AAPL slips

John Ternus takes over as Apple’s chief executive role as Phil Schiller steps back, with market attention focused on how leadership changes could affect ongoing work on artificial intelligence initiatives. Apple shares slid in early trading following the transition reports.

Apple CEO transition hands AI test to John Ternus as AAPL slips
The Apex Times
Meta’s bid to end states’ lawsuit early fails as court keeps consumer claims alive | The Apex Times