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NST Leader: Meta pays billions and walks away

META’S recent court case in the United States reminds us of Paul Simon’s 1977 song Slip Slidin’ Away . The closer we get to our dream of nailing the tech titan, it slips away despite the plaintiff’s best efforts.

NST Leader: Meta pays billions and walks away

The recent court case in the United States involving Meta, a major technology company, has left many questioning the outcome despite the plaintiff's efforts. The trial, which reportedly saw Meta offered a settlement of $18 billion, ultimately resulted in the tech giant paying the sum over a span of 10 years. The agreement, however, only applies if other social media platforms, such as TikTok, YouTube, and Snapchat, accept similar terms, which could potentially benefit Meta.

While the $18 billion penalty may seem substantial, it is unlikely to significantly impact Meta's business model that has generated $60 billion in revenue. The settlement agreement does mention new child safety measures, but it is likely that the wider risks have been largely contained. This leaves parents globally, both in the US and elsewhere, disappointed that social media platforms have prevailed once again.

The article highlights the contrasting efforts of various countries, such as Australia, the European Union, Indonesia, Malaysia, and the United Kingdom, in regulating child access to these platforms. These nations are more proactive in protecting children's safety, particularly their mental health, which they consider a top priority. However, analysts warn that the impact of social media platforms goes beyond just children, affecting societies and individuals worldwide.

The article concludes by suggesting that governments around the world must take responsibility for making the digital commons safe for all, as relying solely on the US courts may not be sufficient, especially considering the current administration's protective stance towards Big Tech.

Written by urgent.news from New Straits Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at nst.com.my →

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