Meta Reaches $18 Billion Settlement With States in Landmark Trial Over Teen Social Media Addiction
Evil wins this round… and every other round, world without end.
Meta Reaches $18 Billion Settlement With States in Landmark Trial Over Teen Social Media Addiction
Evil wins this round… and every other round, world without end.
That’s revenue, their profit was $60B last year so it’s a pretty big fine. The payment is over a 10 year period though and roughly $5B out of the $18B is conditional, they only have to pay that of other companies like YouTube and TikTok follow Meta’s lead on their changes:
I’m sure the “are you a teen?” enforcement is really gonna hammer that nail in, too.