this post was submitted on 07 Jul 2026
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122
Meta is facing $1.4 trillion in state lawsuits over social media addiction (www.engadget.com)
submitted 13 hours ago by madeindex@lemmy.world to c/technology@lemmy.world
6 comments fedilink hide all child comments
 

cross-posted from: https://lemmy.world/post/49145461

Meta has been up to no good for a while - always?

Is $1.4 trillion a reasonable amount for these cases? Who knows.

Is it reasonable compensation for all the evil they’ve done? I’d argue yes.

It’s essentially their entire market capitalization as a penalty.

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[–] luthis@lemmy.nz 11 points 12 hours ago* (last edited 12 hours ago) (2 children)

They won't ever get fined that much. Sensationalist and completely detached from reality article.

[–] db2@lemmy.world 5 points 9 hours ago

Even if they do they'll never have to pay it, and even if they pay some absolutely none will go to those who are supposed to be the victims.

[–] placebo@lemmy.zip 1 points 7 hours ago

Sensationalist and completely detached from reality article.

How so? This is what states involved in the lawsuit calculated. The article is very clear on this and doesn't imply anything else.