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: ๐ Paid in annual installments over a 10-year period
๐ States receive the money, not the victims
๐ค 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 ;)
social media is their entire (profitable) business
I took it as a joke, obviously meta will never divest or be required to divest there entire social media branch.