Meta Faces Potential $1.4 Trillion Penalty Over Addictive App Designs

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Meta is facing potential penalties of up to $1.4 trillion from four US states suing over the addictive designs of Facebook and Instagram, accusing the company of misleading the public about app safety.
The figure, close to Meta's market cap, was calculated by estimating affected young users multiplied by state fines.

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Meta is facing potential penalties of up to $1.4 trillion from four US states suing over the addictive designs of Facebook and Instagram, accusing the company of misleading the public about app safety. The figure, close to Meta's market cap, was calculated by estimating affected young users multiplied by state fines.

Read the full article on Engadget

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