arotrios: “So pennies on the dollar then? EDIIT: $567 million…” — Plamenu

posted in Technology

TryingToBeGood@TryingToBeGood@reddthat.com

Meta fined $567m in largest child safety ruling against social media giant

www.bbc.com/news/articles/cd7lz3wr2rlo

Zuckerberg, wearing black sunglasses and a dark polo shirt, outisde with a green background

www.bbc.comMeta told to pay another $567m in New Mexico child safety lawsuitA New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.

arotrios@arotrios@lemmy.world

Replying to @⁨TryingToBeGood@reddthat.com⁩

So pennies on the dollar then?

EDIIT: $567 million is .03% of Meta’s current net worth of 1.51 trillion, or 1% of its 2026 revenue of $56 billion.

⁨Aug⁩ ⁨7⁩, ⁨2026⁩, ⁨22:13⁩Edited ⁨⁨Aug⁩ ⁨7⁩, ⁨2026⁩, ⁨22:18⁩⁩en