Meta $18 Billion even less than a slap on the wrist & Open Letter to competitors

cross-posted from: https://lemmy.world/post/51177007

Think the roughly $18 Billion Meta has settled for over child safety is a slap on the wrist?

Wait until you see the actual details: 😀 Paid in annual installments over a 10-year period

😜 States receive the money, not the victims

🤑 30% will only be paid if YouTube & TikTok:

"...pay an amount matching the 30% figure "...implement a one-hour Daily Limit, Night Mode, and age assurance measures"

https://about.fb.com/news/2026/08/agreement-with-state-attorneys-general-supporting-teens/

Meta even wrote a wonderfully open letter to their competitors!

Sadly now everyone will have to verify themselves, too bad for Meta, now they will have to collect even more data - which we know they totally oppose and hate ;)