00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Meta platforms and Snap face a trial in Los Angeles beginning Wednesday over allegations
00:07that their social media platforms were deliberately designed to addict young users
00:12and contributed to mental health problems, according to Reuters.
00:15Two teenage plaintiffs allege that features including autoplay and infinite scroll
00:20led to compulsive use, depression, anxiety, and eating disorders.
00:25The case is among more than 3,000 lawsuits consolidated in Los Angeles Superior Court.
00:31Meta and Snap deny the allegations and say they have implemented safeguards for younger users.
00:36In March, a jury awarded $6 million in damages in a similar case against Meta and YouTube.
00:42For all things money, visit Benzinga.com.
