"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent."
The damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.
https://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306
Via https://flipboard.com/@thenewsdesk/technology-shjum1jiz/-/a-CHwwNHlfS-GTffJivjlDbA%3Aa%3A43591897-%2F0
#news #technology #TechNews #meta #facebook #instagram #SocialMedia
Stefan Bohacek
npub1kq…57wgd
2026-07-07 19:25:32 UTC
Author Public Key
npub1kqcamrlyz7tvp25x3cvtwz2t5xqvd96we3q5enl62flf08lk4j2qa57wgdSeen on
wss://relay.momostr.pinkPublished at
2026-07-07 19:25:32 UTCEvent JSON
{
"id": "1fd4da7aae2beca9f251b2e44452ad94d5c3da192afa4d53ce1bbc66c8738976",
"pubkey": "b031dd8fe41796c0aa868e18b7094ba180c6974ecc414ccffa527e979ff6ac94",
"created_at": 1783452332,
"kind": 1,
"tags": [
[
"t",
"technews"
],
[
"t",
"meta"
],
[
"proxy",
"https://stefanbohacek.online/@stefan/116880332089335073",
"web"
],
[
"t",
"news"
],
[
"t",
"instagram"
],
[
"t",
"socialmedia"
],
[
"t",
"technology"
],
[
"t",
"facebook"
],
[
"proxy",
"https://stefanbohacek.online/users/stefan/statuses/116880332089335073",
"activitypub"
],
[
"L",
"pink.momostr"
],
[
"l",
"pink.momostr.activitypub:https://stefanbohacek.online/users/stefan/statuses/116880332089335073",
"pink.momostr"
],
[
"-"
]
],
"content": "\"Thirty-three states have banded together to sue Meta, alleging that the company was exploiting its young users on Instagram and Facebook for profit, including by collecting data from children without parental consent.\"\n\nThe damages could be as high as $1.4 trillion, nearly the same as Meta's market capitalization at just above $1.5 trillion.\n\nhttps://gizmodo.com/metas-teen-safety-case-just-became-a-1-4-trillion-existential-threat-2000782306\n\nVia https://flipboard.com/@thenewsdesk/technology-shjum1jiz/-/a-CHwwNHlfS-GTffJivjlDbA%3Aa%3A43591897-%2F0\n\n#news #technology #TechNews #meta #facebook #instagram #SocialMedia",
"sig": "2cfcc70736d163eacef5b0ccaad8488a9cde5e418595221cd0030d1bcee282eade250350122f00fe5e6cca7383a67a9576986364caa26052c935c995f6a716ad"
}