"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan meta is considered "too big to fail" obviously so taxpayers $ will be used to bail them out if this case actually sticks somehow

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@stefan meta is considered "too big to fail" obviously so taxpayers $ will be used to bail them out if this case actually sticks somehow

@noiseician Hmm, hope not.
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Obviously not going to get my hopes up that we could see Meta completely wiped, but it will definitely be interesting to follow this case along.
@stefan I can settle for Zukerberg going to prison for 15 years.
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
Let it be an example.
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@stefan What I'm hearing is that they'll be left with $100 billion.
@dnkboston It's a pocket money. To pay cleaners, secretaries etc.
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan Amazing it took this long to recognize that given that they've been doing it since like 2013 or so... I guess better more than a decade late than never.
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan Oh my gosh, South Carolina is actually in the list of states with Attorneys General who are suing Meta.
South Carolina rarely sues for the citizens. Only for the wealthy. -
"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan I wish the company could be sued out of existence and Zuckerberg banned from ever owning any form of social media or communications. He and his funder, Peter Thiel, should not exist in society.
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan Poor Mark. No one likes him.
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@stefan Poor Mark. No one likes him.
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
a much better option than banning underaged social media access and requiring ids from us all
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
The case really heavily emphasizes YOUNG Facebook users. I'm worried that that means they'll have to meet a higher bar to prove Facebook was _specifically targeting_ young users. It so clearly causes harm to users of ALL ages it seems like that would've been easier to go after.
Anyway, I am not a lawyer, so what do I know? I hope they crush them into the fucking Earth.
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan I have to wonder when people are going to start asking where the parents are that are supposed to be parenting their kids.
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan
Imagine a case like this going on but governments all over the damn globe insist on giving them even more personal data for age verification.
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan spoiler.....jury award plaintiffs $2 trillion in damages.....appeals courts reduce to $1 citing Meta has learned its lesson......
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan GET EM, BOYS!!!
make every other nation and state REGRET not doing it. governments can put that trilly to far better use than an evil psychopath ever can
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@DonChacale @stefan
Not to my taste, thank you very much. -
@stefan spoiler.....jury award plaintiffs $2 trillion in damages.....appeals courts reduce to $1 citing Meta has learned its lesson......
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"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
@stefan it'll settle out of court for $100 million in "fines" and that'll be that.