Thursday, August 20

Topic: child-safety

Meta's headquarters campus in Menlo Park, California
New Companies
Thursday, 8/20, 03:52 AM

The states' case against Meta puts a $1.4 trillion theory on trial

  • A coalition of 29 states is in federal court in Oakland arguing that Meta designed Instagram and Facebook to addict children and collected minors' data illegally, with claimed statutory damages that could theoretically reach $1.4 trillion, roughly Meta's market value.
  • The company calls the demand 'outlandish'; the legal theory, if it holds, reaches far beyond Meta.

child-safety — news and stories on this topic

This page collects all of Boursel's coverage of child-safety. Follow the topic from one place: new stories appear here automatically as more is published. That way you stay on top of how the situation develops.

Looking for the bigger picture? Browse markets, the economy, companies and crypto, or head back to the front page for the day's top stories.