Meta Reaches $18 Billion Settlement with 48 States

Featured Story

BY SRH

An enormous federal lawsuit concerning the effects of social media on adolescents came to a close when Meta Platforms settled for $18 billion with forty-eight state attorneys general, marking the beginning of a new age in which internet companies will be held legally accountable for the content they provide on their platforms, according to the Wall Street Journal.

Meta has agreed to make significant changes to its Facebook and Instagram services as part of the settlement. One of these adjustments is the implementation of a default two-hour time limit on the apps for users under the age of 18.

Don't Miss

By StevieRay Hansen

BanksterCrime: After JPMorgan Threatens to Sue, the Fed Cuts Its Capital Requirement on the 5-Count Felon from a Planned 25 Percent Hike to Less than…

By StevieRay Hansen

BanksterCrime:  By Pam Martens and Russ Martens, Read moreThe Office of Financial Research (OFR), the federal agency created after the 2008 financial collapse on Wall…

By BanksterCrime

HNewsWire: Saudi Arabia’s Wealth Fund Dumps Its JPMorgan Chase Stock; Warren Buffett’s Berkshire Hathaway Did the Same in 2020 By Pam Martens and Russ Martens, Read…

Deep Dive into the Dark Side of Banking and Its Handmaiden, Central Banks, Its All Build On Thin Air

By StevieRay Hansen

By Pam Martens and Russ Martens: January 9, 2024 ~ Last September, speaking at a conference sponsored by the nonprofit watchdog, Better Markets, to examine if “too…

The Federal Reserve Has Abruptly Terminated the Banking Bailout Program That Has Been Sustaining Institutions. Expect Banks To Start Collapsing in the Near Future

By StevieRay Hansen

Read moreWells Fargo is the smallest of the four giants that now dominate the U.S. commercial banking businessBy SRH,The federal authorities seem to be on…

Posted in

Stevie Ray

Leave a Reply

Your email address will not be published. Required fields are marked *