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YouTube settles social media addiction lawsuit brought by teenager amid tidal wave of court cases
Sky News52d agobearish
YouTube settles social media addiction lawsuit brought by teenager amid tidal wave of court cases

YouTube's owner, Google, has settled a lawsuit brought by a teenager suing the world's biggest social media companies over their role in the youth mental health crisis. The 16-year-old's lawyers said the terms of the settlement were confidential, but that TikTok, Snapchat, and Instagram are still set to face trial in July. Google spokesperson Jose Castaneda said‌ the lawsuit had been amicably resolved.

Google's YouTube settles case over social media harm to children
Reuters53d agoneutral
Google's YouTube settles case over social media harm to children

Google's YouTube has settled a lawsuit brought by a minor who claimed the platform damaged his mental health, his lawyers said Tuesday, ahead of a second California trial over social media's role in the youth ‌mental health crisis. The suit named ‌four defendants — YouTube, Meta's Instagram, Snap Inc's Snapchat and ByteDance's TikTok — and the remaining three companies are still set to face trial in July. Google spokesperson Jose Castaneda said in a ​statement that the lawsuit had been amicably resolved.

Bloomberg54d agoneutral
Kids’ Online Safety Bill Deal Struck by House GOP, Democrats

(Bloomberg) -- House lawmakers have reached a bipartisan deal on a legislative package intended to strengthen online safety and privacy protections for children and teenagers—a key sign of progress on a major policy priority.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenMeta Taps New WhatsApp Boss as Part of $900 Million InvestmentIranian Negotiators Said to Still Be Engaged in Talks With USStocks Fa

Are Snap’s (SNAP) High-End SPECS Glasses a Strategic Detour from Its Core AR Audience?
Simply Wall St.55d agoneutral
Are Snap’s (SNAP) High-End SPECS Glasses a Strategic Detour from Its Core AR Audience?

Earlier this month, Snap Inc. launched SPECS, US$2,195 see-through augmented reality glasses that function as a wearable computer, offering AI assistance, productivity tools, and immersive entertainment, with pre-orders open and shipments expected this fall in the US, UK, and France. The SPECS debut highlights Snap’s decade-long AR investment and more than 7,000 patents, but has drawn sharp criticism over design, comfort, and pricing, raising questions about whether this ambitious hardware...

Rosenblatt Keeps Neutral Rating On Snap (SNAP) After $2,195 Specs AR Glasses Debut
Insider Monkey56d agoneutral
Rosenblatt Keeps Neutral Rating On Snap (SNAP) After $2,195 Specs AR Glasses Debut

Snap Inc. (NYSE:SNAP) features on the list of tech stocks to sell according to billionaires. Billionaire stake dropped from approximately $840.62 million in Q4 2025 to $188.56 million in Q1 2026, marking a decline of about $652.05 million. Even with that sharp decline, Snap Inc. (NYSE:SNAP)’s latest product launch is drawing a notably split reaction […]

Snap (SNAP) Introduces AI-Powered Advertising Suite to Streamline Campaign Workflow
Insider Monkey56d agoneutral
Snap (SNAP) Introduces AI-Powered Advertising Suite to Streamline Campaign Workflow

Snap Inc. (NYSE:SNAP) is one of the penny stocks with explosive growth potential. On June 18, Snapchat introduced a new suite of AI-powered capabilities designed to streamline the advertising workflow and enhance creative engagement across its platform. The update includes a “Snap Smart Assistant” to help automate campaign setup and optimization, alongside support for third-party […]

Jim Cramer on Snap: “The Company Has Now Cemented Itself as a Disappointment”
Insider Monkey57d agoneutral
Jim Cramer on Snap: “The Company Has Now Cemented Itself as a Disappointment”

Snap Inc. (NYSE:SNAP) was among the stocks on which Jim Cramer commented, as he emphasized that SpaceX investors are betting on Elon Musk rather than the company’s earnings. When a caller asked about the company, Cramer stated: Well, I think that the company has now cemented itself as a disappointment, no matter what they do. […]

Associated Press58d agoneutral
Court orders Ohio restrictions on kids’ use of social media restored

Ohio's law requiring children under 16 to get parental consent to use social media apps must be restored, a divided panel of the Sixth Circuit Court of Appeals ruled Thursday. The decision comes as a blow to NetChoice, which had won court victories against similar laws in other states, including California and Arkansas. The trade group representing TikTok, Snapchat, Meta and other major tech companies brought suit against Ohio's law in 2024, arguing that it was overly broad, vague and represented an unconstitutional impediment to free speech.

Snap Inc (SNAP) Buys Illumix. Augmented Reality in Focus
Insider Monkey58d agobullish
Snap Inc (SNAP) Buys Illumix. Augmented Reality in Focus

Snap Inc (NYSE:SNAP) is one of the most promising metaverse stocks to buy now. On June 4, Variety reported that Snap Inc (NYSE:SNAP) has acquired Illumix to bolster its augmented reality (AR) efforts. Illumix develops AR products that connect digital and physical environments. Its products include an AR version of the video game Five Nights at Freddy’s. […]

A Face Computer for $2,200? Snap Makes Another Pitch for Augmented Reality.
Barrons.com58d agoneutral
A Face Computer for $2,200? Snap Makes Another Pitch for Augmented Reality.

This past week, a group of AR devotees gathered at the AWE USA conference in Long Beach, Calif. Everyone there is betting that augmented-reality glasses will eventually come out on top. AWE sponsors included Meta Platforms,   Alphabet Google, and Nvidia but the headline sponsor and star of the show was Snapchat parent Snap and the launch of its new Specs AR glasses, at an eye-watering price point of $2,195. No company has made as focused a bet on AR as Snap.