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Meta, other tech companies denied appeal over addiction lawsuits

A U.S. Appeals Court said Monday that thousands of lawsuits targeting Meta Platforms , ByteDance's TikTok and other social media outlets can proceed. The big picture: The lawsuits argue that the platforms are addictive and harmful to young people, and have prompted several tech companies to attempt to stamp them out in a years-long process. Editor's note: This is a breaking news story and will be…

Meta, other tech companies denied appeal over addiction lawsuits

We haven't written up this one. Axios has the full story — the link below goes straight to it.

Read the original at axios.com →

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Bank says it blocks $75k in dodgy subscription payments a day

The businesses involved aren't necessarily acting fraudulently because they often disclose details in the fine print - but that can be hard for customers to access.

  • Westpac blocked over $40 million in unwanted subscription payments last year
  • $75,000 average daily blocked, head of customer care Peter Barnes
  • Overseas websites trick customers into recurring payments without knowledge

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