Post #3656271

2026-07-07 19:25 UTC

"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

Replies (6)

@stefan@stefanbohacek.online 2026-07-07 19:32

Obviously not going to get my hopes up that we could see Meta completely wiped, but it will definitely be interesting to follow this case along.

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@pip@infosec.exchange 2026-07-07 23:15

@stefan@stefanbohacek.online Poor Mark. No one likes him.

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@mainframed767@infosec.exchange 2026-07-08 01:38

@stefan@stefanbohacek.online it'll settle out of court for $100 million in "fines" and that'll be that.

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@bruce@darkmoon.social 2026-07-08 01:52

@stefan@stefanbohacek.online 1) I love to see it 2) There's not a chance in hell they'll have to pay $1.4 trillion.

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@alisynthesis@io.waxandleather.com 2026-07-07 20:01

@stefan@stefanbohacek.online > “Meta has not found any case, under any cause of action, where one defendant was ordered to pay over one trillion dollars—or any number remotely close to that staggering figure,” the attorneys claim. Maybe Meta should stop bragging about the number of users it has when it is doing criminal harm to so many of them.

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@handi@mastodon.ie 2026-07-07 20:06

@stefan@stefanbohacek.online 🎯 infinite scroll 🎯 autoplay videos 🎯 automatic photo filters #bigsocial is worse than #bigtobacco

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