**SPEAKER_1** (0:00)
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Try Odoo for free at odoo.com. That's odoo.com.
**Kimberly Adams** (0:31)
Calculating the costs of the harms from social media, plus the business of baseball.
From Marketplace in New York, I'm Kimberly Adams. A New Mexico court has ordered Meta to pay more than $500 million to mitigate harm to young people from its platforms. Meta is the parent company of Instagram and Facebook. The order was issued late yesterday. Marketplace's Nancy Marshall-Genzer joins me now with more on this. Good morning, Nancy.
**Nancy Marshall-Genzer** (0:57)
Good morning.
**Kimberly Adams** (0:58)
Tell me about this case. What was Meta accused of?
**Nancy Marshall-Genzer** (1:01)
Well, the ruling came in the second phase of this trial. The first part was before a jury, which looked into whether Meta misled its users about the dangers of its platforms, especially for kids. And Meta was fined $375 million in that first phase. And the second part looked at whether Meta's platforms are a public nuisance. The judge ruled they were and levied a second fine of $567 million.
Meta also has to turn off push notifications for users under age 18 at certain times, and accounts for teens in New Mexico have to be automatically set to private.
**Kimberly Adams** (1:38)
And what does Meta have to say about all this?
**Nancy Marshall-Genzer** (1:40)
It issued a statement saying it disagrees with the ruling and will appeal. Meta also says it works hard to keep people safe on its platforms, adding that, quote, we remain confident in our record of protecting teens online and will continue to defend ourselves against claims that misrepresent the facts.
**Kimberly Adams** (1:59)
And this isn't the only lawsuit that Meta is facing. Other states are suing as well.
**Nancy Marshall-Genzer** (2:03)
Yeah, there will be a trial later this month in Oakland, California, and that is part of a multi-state lawsuit. More than two dozen states have accused Meta of contributing to a mental health crisis for teens because of addictive features on Instagram and Facebook.
**Kimberly Adams** (2:21)
Thanks, Nancy.
**Nancy Marshall-Genzer** (2:22)
You're welcome.
**SPEAKER_4** (2:41)
This podcast is supported by Even Realities, even G2 productivity smart classes designed to keep real-time support right in view with teleprompting, conversation support, real-time translation, AI assistance and more, help you stay on top of work and daily life. And unlike most smart classes, they're designed to look and feel like premium eyewear, with no camera and a lightweight 36 gram design you can wear all day. The more context you give them, the smarter they get, adapting to how you work and what you need. To learn more about Even G2, go to evenrealities.com and see how everyday smart classes keep helpful information in sight, so you can stay productive and hands-free throughout the day.
And for our listeners, use promo code Marketplace at evenrealities.com to get 10% off Even Ring One and or EvenClip when you add them to your Even G2 order. That's evenrealities.com, promo code Marketplace. This podcast is supported by Raymond James, a financial firm offering wealth management, banking, and capital market services that are inspired by people.
Before Raymond James' financial advisors build plans, they build relationships so they can craft individual strategies designed to achieve priorities and pursue what's possible.
That's the power of personal. Disclosures at raymondjames.com. Raymond James and Associates Inc., member NYSE, SIPIC.
**Kimberly Adams** (4:12)
The first female American Professional Baseball League in over 70 years kicked off its inaugural season last weekend. The Women's Pro Baseball League, or WPBL, has four teams for now from Boston, New York, Los Angeles, and San Francisco.
Some of you may remember the story of the last women's league from a league of their own, which depicted the All-American Girls Professional Baseball League in the 1940s and 50s. Ahead of today's San Francisco Firebells, Los Angeles Queens matchup, we're joined by WPBL co-founder and CEO Keith Stein, talking about what it takes to launch a startup league. Good morning, Keith.
**Keith Stein** (4:48)
Good morning, how are you doing?
**Kimberly Adams** (4:50)
I'm good. So what about this moment right now, either from a business or market perspective, made it a good time to start this league up now?
**Keith Stein** (5:01)
I think it's mind boggling that we're only starting a league like this in 2026 We're talking about America's pastime, America's oldest sport. We had our tryouts last August in Washington, DC at the home of the Nationals, Washington Nationals. We had over 600 women who came out at their own expense from 10 different countries.
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