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Bloomberg Tech

Jury Finds Meta, Google Liable for Addiction

Bloomberg Tech

Bloomberg

Tech News, News, Business News

4.470 Ratings

🗓️ 26 March 2026

⏱️ 32 minutes

🧾️ Download transcript

Summary

Bloomberg’s Caroline Hyde and Ed Ludlow discuss the jury verdict holding Google and Meta liable for a young woman’s social media addiction. Plus, the case in California was just the start of thousands of similar cases that could lead to impacts on the businesses of social media companies. And Google researchers tout a new compression technique for LLMs and vector search engines, sending shares of memory and storage companies lower.

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Transcript

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0:00.0

Adobe is turning AI promise into marketing reality.

0:04.0

A reality where personalization feels more human, automation feels authentic, and customers feel more connected to your brand.

0:13.2

From AI frenzy to ROI.

0:15.7

It starts with Adobe.

0:17.7

Hello, I'm Michelle Hussein, and for more than 20 years, I was at the BBC.

0:23.2

But all the time I was delivering the headlines, I wanted to go further than the news of the day,

0:30.9

to spend more time with the people shaping our world. And that's what I'm doing here on this

0:37.2

podcast, speaking to people from

0:39.2

Nigel Farage, to love you trying ever so hot, to love you trying ever so hard, to tech

0:43.4

journalist Karaswisher. And the tech industry is running wild. You know, they've gotten what they

0:48.5

wanted and they've seen a huge run-up in their stock prices. This will be a place where every weekend you can count on one essential conversation

0:58.4

to help make sense of the world.

1:01.5

So please join me, listen and subscribe to the Michelle Hussein show from Bloomberg Weekend,

1:08.2

wherever you get your podcast.

1:10.1

You certainly ask interesting questions.

1:16.9

Bloomberg Audio Studios, Podcasts, Radio News.

1:22.4

Yeah, this is difficult and worse from analysis.

1:24.7

So two of the big moves to the downside within the technology sector

1:27.8

are Alphabet, the parent of Google and Meta, Meta having its worst day since the end of

1:32.5

October, October of 2025 last year. The morning started with Mag 7 under pressure because of

1:39.1

the belief by the market that the war in Iran will be prolonged. But there was a big piece of news

1:44.8

in the last 24 hours, a jury verdict finding meta and Google liable for harming a young

...

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