Aug 18 5:00 am The Trillion-Dollar Trial Against Meta Is Too Big to Succeed Matt Novak ↗
Meta heads to federal court in Oakland, California, on Tuesday in a trial brought by four states alleging the company’s flagship platforms, Facebook and Instagram, were designed to be addictive to children. The potential financial penalties are shocking, totaling as much as $1.4 trillion in the worst case scenarios, according to Meta. The company is currently valued at about $1.5 trillion, making that kind of financial blow an existential threat.
Oakland · CA · US · source location metadata