Meta reaction to $18 Billion Settlement With States in Landmark Trial Over Teen Social Media Addiction

Comments

• tidderuuf@lemmy.world ⁨3⁩ ⁨days⁩ ago

  They make 200B every year. This settlement will be a tax write-off for them.

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  • kersploosh@sh.itjust.works ⁨3⁩ ⁨days⁩ ago

    Just the cost of doing business.

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    • Cheebus@lemmy.world ⁨3⁩ ⁨days⁩ ago

      Damn, if I was punished by being fined less than the the interest on what I stole

      I’d rob a bank

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  • TastehWaffleZ@lemmy.world ⁨3⁩ ⁨days⁩ ago

    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 don’t follow Meta’s lead on their changes:

    • 2-hour daily cap, default across FB + IG, with warnings at 60/90 mins and 15-min nudges after
    • Night Mode: blocked 12am-6am
    • School Mode: muted notifications 8am-3pm
    • No like counts visible to teens
    • Ban on extreme makeup filters
    • Stronger age-verification to catch under-13s and teens using fake adult birthdays

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    • EvilBit@lemmy.world ⁨3⁩ ⁨days⁩ ago

      I’m sure the “are you a teen?” enforcement is really gonna hammer that nail in, too.

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• SubArcticTundra@lemmy.ml ⁨3⁩ ⁨days⁩ ago

  Just a reminder that WhatsApp is owned by Meta. I forgot

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• Mulligrubs@lemmy.world ⁨3⁩ ⁨days⁩ ago

  That’s like fining me $20. Oh no

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• kboos1@lemmy.world ⁨3⁩ ⁨days⁩ ago

  Middle managers might get furloughed and some employees with seniority get laid off as an excuse to clean house. Win win

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  • BurgerBaron@quokk.au ⁨3⁩ ⁨days⁩ ago

    I won’t weep for Meta employees.

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• fluffykittycat@slrpnk.net ⁨3⁩ ⁨days⁩ ago

  As always, teens are the losers in all this

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  • ColeSloth@discuss.tchncs.de ⁨3⁩ ⁨days⁩ ago

    How so?

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    • fluffykittycat@slrpnk.net ⁨3⁩ ⁨days⁩ ago

      Nothing good will come their way. Meta doesn’t care, politicians don’t care

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• jaggedrobotpubes@lemmy.world ⁨3⁩ ⁨days⁩ ago

  Not using their products that you yourself think are hostile to you does more than that 18 billion, and it’s easy, and it’s more enjoyable than the alternative.

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