news.ycombinator.com
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Pay 25% from your 2025 profit for harming children since at least 2019 and be able to continue doing so. Sounds like a loss for society and a win for Meta.
Pay 25% from your 2025 profit for harming children since at least 2019 and be able to continue doing so. Sounds like a loss for society and a win for Meta.
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The other article says: "OAKLAND, California, Aug 26 (Reuters) - Meta Platforms (META.O), opens new tab will pay up to $18 billion over the next decade" [1] So it's 1.8 billion per year and that's a lot less than 25%. [1] https://www.reuters.com/business/meta-reaches-18-billion-set...
The article outlines several changes Meta is having to implement that curbs the "and be able to continue doing so" argument a bit. That said, I wish these settlements included tobacco-esque requirements for ongoing funds to educate people. The tobacco settlement funds have been somewhat successful.
Is anyone the slightest bit surprised? Our courts are no longer effective at bringing justice. They only have the law, and the law flagrantly favors the rich and their pet corporations.
> META Total Annual Revenue in 2025: $200.97 billion (up from $164.50 billion in 2024). They literally don’t care.
Yeah, they should at least pay it to the children. For rich people, fines are just the price of doing things