Though I don't see a link to a specific case in either article, I don't think they're separate cases.
This is really bad for Meta.
Where are you seeing that?
The article says:
> Jurors found there were thousands of violations, each counting separately toward a penalty of $375 million. That’s less than one-fifth of what prosecutors were seeking.
> Meta is valued at about $1.5 trillion and the company’s stock was up 5% in early after-hours trading following the verdict, a signal that shareholders were shrugging off the news.
> Juror Linda Payton, 38, said the jury reached a compromise on the estimated number of teenagers affected by Meta’s platforms, while opting for the maximum penalty per violation. With a maximum $5,000 penalty for each violation, she said she thought each child was worth the maximum amount.
they did $200 billion in revenue and $60 billion in net income last year.
a $3 billion fine would be barely more than a slap on the wrist.
$3m is nothing. 10% of global revenues (not profits) for each year in which this occurred would be something that might actually make them think twice about breaking the law and harming people for money.
By "erasure," I'm not referring to the death of the involved; I'm referring to the elimination of the individual's social capital.
When the privileged lose their ability to influence others, they tend to get rather distressed.
Now I'm afraid they've screwed everyone over and the idea of an anonymous open internet is now dead- we're gonna see age (read, real ID) verification gating on every site and app soon....
The dumb thing is to look back and see how umimportant it is that Facebook feed algorithm be this addictive. They already had the network effects and no real competitors. They could have just left it alone.
You start slow, then push it the limits
Netflix, never ads to some ads, then eventually its just Adflix, after 20 years.
Each new manager wants that comp up. So ads up by 5% every year.
The laws being passed target exactly the wrong thing that wasn't a problem. They should have been passing "duty to care" laws aimed at social media companies not "give me your age" laws.
I may have missed it, but almost all these laws being passed for this issue have been pretty much solely around data collection rather than modifying the behavior of the worst businesses in the game.
It would be like seeing a car wreck kill a bunch of pedestrians and then passing a law that pedestrians need to carry IDs on them.
ChrisArchitect•1h ago