The Financial News

The Financial News

Man Who Exposed Tobacco Industry In The 90s Sounds Alarm On Big Tech


Jeffrey Wigand, the legendary whistleblower who exposed Big Tobacco in the 1990s, says history is repeating itself with social media giants. After a landmark Los Angeles jury verdict found Meta and YouTube liable for harming a young user through addictive platform design (autoplay, infinite scroll, and algorithmic recommendations), Wigand called the tactics “eerily familiar.” He accused both industries of deliberately targeting children with addictive products for profit, knowing the risks but ignoring them. The jury awarded $6 million in damages, including $3 million in punitive damages — the first time a US jury has held major tech platforms responsible for addictive design aimed at minors. Wigand warns this could be Big Tech’s “Big Tobacco moment,” potentially opening the floodgates to billions in future lawsuits.

#tobacco #facebook #meta #instagram #ig #socialmedia #markzuckerberg #JeffreyWigand

Mint is an Indian financial daily newspaper published by HT Media. The Mint YT Channel brings you cutting edge analysis of the latest business news and financial news. With in-depth market coverage, explainers and expert opinions, we break down and simplify business news for you.

Click here to download the Mint App: https://livemint.onelink.me/MrDS/p0kx3pdg

Now make Mint your preferred source on Google and get business & finance updates first.
Add here – https://www.google.com/preferences/source?q=mint

Subscribe to Mint Premium Now: https://www.read.ht/Scaq

Subscribe to Mint’s WhatsApp Channel: https://whatsapp.com/channel/0029Va91YSeGehEM6oMesj3d


Leave a Reply

Your email address will not be published. Required fields are marked *

Copyright © All rights reserved. | The Financial Times