Potential damages in Meta’s youth safety lawsuit have grown so large that it’s hard to pay attention to any of the other details. The company is now potentially on the hook for $1.4 trillion — that’s trillion with a T.
To put that in context, the company’s current market capitalization is barely higher than that figure, at $1.5 trillion.
The plaintiffs in the case are the states of California, Colorado, Kentucky, and New Jersey. They allege that Facebook and Instagram were designed to turn young users into addicts and that the company misled the public about the safety of its platforms. Continue reading “Meta’s $1.4 Trillion Teen Safety Case Puts Facebook and Instagram on Trial”




