Meta's $18 billion wake-up call, how the UAE got there first and being a thankful dad
$18 billion. Eighteen billion dollars. $18,000,000,000. Yes, that’s nine zeroes after the 18. It’s a number that is hard to comprehend even when written down in various ways. That's what Meta has agreed to pay to settle claims from 29 US states that it built Instagram and Facebook to hook children. While signing those cheques, the company isn't admitting it did anything wrong. Corporate…
An astonishing $18 billion has been set aside to settle claims that Meta built Instagram and Facebook to addict children. The company is not admitting any wrongdoing, but is agreeing to impose daily time limits for teens and make various changes to its products. This massive settlement highlights the tech industry's admission that it built something it is struggling to defend.
In the UAE, a rule has been implemented that prevents anyone under 15 from having a personal social media account, with stricter restrictions for those aged 15 and 16. This proactive approach to protecting young people from the negative impact of social media is seen as more impactful than the legal settlement by Meta.
Written by urgent.news from Gulf News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
