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posted in Technology

TryingToBeGood@TryingToBeGood@reddthat.com
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Meta fined $567m in largest child safety ruling against social media giant

www.bbc.com/news/articles/cd7lz3wr2rlo
Zuckerberg, wearing black sunglasses and a dark polo shirt, outisde with a green backgroundwww.bbc.comMeta told to pay another $567m in New Mexico child safety lawsuitA New Mexico judge ordered the Instagram, Facebook and Whatsapp parent company to pay another $567m for the way it has harmed children.
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Sludgehammer@Sludgehammer@lemmy.world
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Replying to @⁨TryingToBeGood@reddthat.com⁩

Oh no, less than an eighth of what they lost on their stupid metaverse project. I’m sure they’ll really feel the sting of this judgement and learn their lesson.

⁨Aug⁩ ⁨7⁩, ⁨2026⁩, ⁨04:24⁩en
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Gumus@Gumus@lemmy.dbzer0.com
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Replying to @⁨Sludgehammer@lemmy.world⁩

While technically true, the fine is actually around 0.7% of what they lost on metaverse (estimated 80 billion)

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FlashMobOfOne@FlashMobOfOne@lemmy.world
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Replying to @⁨Gumus@lemmy.dbzer0.com⁩

God, I love math nerds on Lemmy.

Thank you for this and Happy Friday.

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joostjakob@joostjakob@lemmy.world
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Replying to @⁨Gumus@lemmy.dbzer0.com⁩

How does on spend 80 billion on a metaverse? (And would it have been another 40 billion to add legs?)

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Sludgehammer@Sludgehammer@lemmy.world
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Replying to @⁨Gumus@lemmy.dbzer0.com⁩

Thanks! I guess the article I use for reference was from near the start of that debacle.

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