District Judge Joanna Kishner oversaw a hearing regarding a complaint the state of Nevada filed against Meta, alleging its algorithms have been designed to deliberately addict young people.

Meta Platforms, the parent company of Facebook, Instagram and other social media platforms, is in discussions to move its incorporation from Delaware, The Wall Street Journal reported last week.

Bill Ackman announced on Saturday that his management company would leave Delaware to reincorporate in Nevada.

Meta Platforms Inc. is discussing reincorporating its business outside of Delaware, where the company has been legally ...