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posted in Technology

Codpiece@Codpiece@feddit.uk
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Meta agrees to pay up to $17.1bn to settle claims its platforms harm children

Additional link from another source

politico.com/…/meta-kids-safety-features-settleme…

www.bbc.co.uk/news/articles/cd68q3wynnqo
The blue Meta logo, which looks like an infinity sign, outside Meta's HQBBC NewsMeta agrees to pay up to $17.1bn to settle social media caseThe deal has been reached during a California federal court trial over claims brought by 29 states.
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Folstar@Folstar@lemmus.org
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“up to” over 10 years, which means they’ll pay 1.8B this year, a massive 3% of annual income, for now and find a way to get out of this before the decade is up

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db2@db2@lemmy.world
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And no user will see a nickel

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heartSagan5@heartSagan5@lemmy.zip
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Where does the money go? Tax revenue?

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db2@db2@lemmy.world
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Lawyers take their cut off the top.

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P1nkman@P1nkman@lemmy.world
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I think you mean lawyers takes the entire cake, and leave the crumbs for the rest.

⁨Aug⁩ ⁨26⁩, ⁨2026⁩, ⁨17:17⁩en
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