c/lemmyshitpost · by sundray@lemmus.org · 10d

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

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.

182 points · 15 comments · view on lemmy.world

15 Comments

tidderuuf@lemmy.world · 49 pts · 10d (4 replies)

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

kersploosh@sh.itjust.works · 41 pts · 10d (1 reply)

Just the cost of doing business.

Edit: The settlement will be paid out over 10 years. If Meta pays a steady $1.8B every year that's <1% of annual revenue. Damnit!

Cheebus@lemmy.world · 14 pts · 10d

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

I’d rob a bank

TastehWaffleZ@lemmy.world · 14 pts · 10d (1 reply)

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:

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

EvilBit@lemmy.world · 8 pts · 10d

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

SubArcticTundra@lemmy.ml · 25 pts · 10d

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

Mulligrubs@lemmy.world · 20 pts · 10d

That's like fining me $20. Oh no poor Zuckerberg

kboos1@lemmy.world · 12 pts · 10d (1 reply)

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

BurgerBaron@quokk.au · 4 pts · 10d

I won't weep for Meta employees.

fluffykittycat@slrpnk.net · 9 pts · 10d (4 replies)

As always, teens are the losers in all this

ColeSloth@discuss.tchncs.de · 1 pts · 10d (3 replies)

How so?

fluffykittycat@slrpnk.net · 4 pts · 10d (2 replies)

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

ColeSloth@discuss.tchncs.de · 1 pts · 9d (1 reply)

Ok. Cool.

But how are teens the losers in this?

UnequalExchange@lemmy.world · 3 pts · 9d

lol just ask this question again in 30 years if meta is still around and see how teenagers use it at that time...

🤭🍿🤭

jaggedrobotpubes@lemmy.world · 5 pts · 10d

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.