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Meta $18 Billion even less than a slap on the wrist & Open Letter to competitors (thelemmy.club)
submitted 3 days ago by to c/privacy@lemmy.ml
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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: ๐Ÿ˜€ Paid in annual installments over a 10-year period

๐Ÿ˜œ States receive the money, not the victims

๐Ÿค‘ 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 ;)

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[โ€“] 8 points 2 days ago (1 child)

Genuinely what of the damage to our parents generation? They are susceptible to dangers and manipulation and other dangers on social media. If we all agree that social media is probably a bit shit - shit enough that we should protect children from its harm - then why should we not enact some protections for everyone else too?

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