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

Federal Agency Study Contradicts Fed Chair: Finds Banking System Is Ripe for Another Crisis and Remains “Fragile and Uncertain”

By StevieRay Hansen

By Pam Martens and Russ Martens: Following the second, third and fourth largest bank failures in U.S. history in the spring of last year, Federal Reserve Chair…

United States Banking Crisis

By StevieRay Hansen

Over the course of five days in March 2023, three small-to-mid size U.S. banks failed, triggering a sharp decline in global bank stock prices and…

US Banks Suffer Trillion-Dollar Deposit Loss In 2023, Small Bank Capitalization Remains Problematic

By StevieRay Hansen

by Tyler Durden Read moreSecond ex Barclays banker convicted in London Euribor re-trialOn a non-seasonally-adjusted basis (why adjust when we are looking at annual changes),…

Warning The Banks Are Not OK

By StevieRay Hansen

Michael Wilkerson Author Read moreSecond ex Barclays banker convicted in London Euribor re-trialIt has been nine months since the spectacular and sudden collapse of Silicon…

This Is Merely the Very Beginning. This Year, at Least 21 Spac-Listed Companies Declared Bankruptcy, Wiping Out a Total of $46 Billion in Equity. Coming: The Mother of All Crashes Coming

By StevieRay Hansen

0 Read moreBankruptcy Tsunami Begins: Thousands Of Default Notices Are “Flying Out The Door”HNewsWire: A wave of bankruptcies and corporate defaults can be imminent as…

Posted in

Stevie Ray

Leave a Reply

Your email address will not be published.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