Meta Must Fix the Feature That Made It a Fortune: Faces a Penalty Matching Its Market Cap
The lawsuit could force Meta to change features such as infinite scroll and autoplay, with a potential $200 billion penalty at stake, officials said.
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4 Articles
Meta faces an unprecedented trial in the United States. On the one hand, Instagram and Facebook, two of the company's apps, also owner of WhatsApp. On the other hand, the Attorney General of 29 of the 50 US states who accuse it of impacting
Meta Must Fix the Feature That Made It a Fortune: Faces a Penalty Matching its Market Cap
Meta faces a legal showdown that could carry a penalty nearly as large as the company itself, threatening to reshape how social media works. In Oakland, California, a bipartisan coalition of 29 states is accusing Meta, the owner of Facebook and Instagram, of misleading the public about child safety and deliberately designing its platforms to encourage compulsive use among young people. Meta says its potential liability could reach $1.4T, roughly…
Prosecutors replicate the same strategy with which the historic agreement was reached to limit the tobacco industry at the end of the 20th centuryMeta faces the biggest trial in its history, accused of fomenting the addiction of minors on Instagram and Facebook Mark Zuckerberg could revive in his own flesh the momentum that in the 1990s knocked down the big tobacco companies. The trial against Meta that began this week in Oakland, California, re…
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