great article BC ๐ thanks for sharing
looks like that AI has some beef with that guy ๐ฎ๐คฏ
always say please and thank you to AIs
@Barcode๏ผ$Meta Platforms, Inc.(META)$ ๐ฅ๐ค๐จ METAโS $5M AI LAWSUIT MELTDOWN: HALLUCINATIONS, RIOTS & LEGAL RECKONING ๐จ๐ค๐ฅ Robby Starbuck just filed a blistering $5 million defamation lawsuit against Meta Platforms ($META), accusing its AI of spewing fake news with real-world consequences. Metaโs chatbot repeatedly hallucinated that Starbuck took part in the January 6th Capitol riots, despite him being in Tennessee. Then it escalated, falsely stating he had pleaded guilty to disorderly conduct and even promoted Holocaust denial. Meta acknowledged the complaint months ago, but according to court filings, it did nothing to fix the misinformation. Starbuck alleges this inaction not only destroyed his reputation, but set a dangerous precedent for unchecked algorithmic libel. This suit may become the landmark case that tests whether Section 230 protections apply when AI systems hallucinate defamation. Legal experts are watching closely, and so are investors. ๐ Meta stock closed at $554.44 (+0.85%), but slipped in post-market to $549.02 (โ0.98%) ahead of earnings due 30Apr25, ๐บ๐ธUS time ๐ Current key levels: โข Resistance: $578, then $610 โข Support: $530, then $500 โข MA20: $610.78, MA30: $601.45 โข Downtrend still active, but the stock is trying to reclaim the 5-day EMA at $530.30 ๐ธ Capital Flow: $6.54B turnover with $392.4M post-market activity confirms the market is nervous but active. ๐ง EMV: Still negative at โ1.36, signalling liquidity concerns and potential volatility heading into earnings. ๐ฏ Analyst Ratings (TradingView and Yahoo Finance aggregate): ๐ข 38 Buy ๐ก 12 Hold ๐ด 2 Sell Mean Price Target: $642.20 High: $780.00 Low: $550.00 ๐ง Analyst Insight: โMisinformation lawsuits linked to AI will multiply,โ says Bernsteinโs Toni Sacconaghi. โThe companies that delay transparency or model control will pay the price, in court and on the tape.โ โ๏ธ Fun Fact: This is one of the first defamation cases globally involving AI hallucinations about a private citizen, not a public figure. If Starbuck wins, it could force sweeping changes to how AI content is monitored and corrected. What to Watch: โข Post-earnings market reaction on 30Apr25 โข Any shift in regulatory language around AI liability โข CEO commentary during the earnings call, will Zuckerberg address the lawsuit? Hey Tiger Traders, is this the first crack in Big Techโs AI armour, or just a bump on the path to dominance? ๐ข Donโt miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets ๐๐ Iโm obsessed with hunting down the next big movers and sharing strategies that crush it. Letโs outsmart the market and stack those gains together! ๐ Trade like a boss! Happy trading ahead, Cheers, BC ๐๐๐๐๐ @Tiger_comments @TigerPicks @TigerStars @TigerWire @Daily_Discussion Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
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