This week was a rollercoaster ride for the tech industry, with major companies like Meta Platforms, Inc., Alphabet Inc., Snap Inc. and SK hynix Inc. making headlines. From dodging a significant lawsuit to facing regulatory scrutiny, here’s a quick recap of the top stories.
Teen Drops Lawsuit Against Meta, Google and Snap
In a significant legal development, a 15-year-old New Jersey girl dropped her lawsuit against Meta, Google, and Snap. The teenager had accused these social media giants of contributing to addiction, depression, and self-harm. The companies confirmed that the dismissal was voluntary and no payment was made to the plaintiff.
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Google’s Firebase Linked to Bank Scams in India
