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MadeInDex 📰🌎@lemmy.world to News@lemmy.worldEnglish · 11 hours ago

Meta Buried Research Linking Instagram To Teen Harm While Facing $1.4 Trillion Penalty That Could Erase Its Entire Worth

www.ibtimes.co.uk

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  • cross-posted to:
  • technology@lemmy.world
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Meta Buried Research Linking Instagram To Teen Harm While Facing $1.4 Trillion Penalty That Could Erase Its Entire Worth

www.ibtimes.co.uk

MadeInDex 📰🌎@lemmy.world to News@lemmy.worldEnglish · 11 hours ago
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  • technology@lemmy.world
Meta is accused of halting a study showing Facebook's negative mental health effects, as it faces a potential £1.05 trillion penalty from four US states over addictiveness claims.

cross-posted from: https://lemmy.world/post/49222005

Classic move ;)

  • P00ptart@lemmy.world
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    10 hours ago

    Would that be enough to rebuild? That’s pretty low for a company that big.

    • idiomaddict@lemmy.world
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      10 hours ago

      I’m no expert, but they have three huge streams of income, and if they sell one off, they’ll probably be able to demand a very high price.

      It would be great to have some separation among Facebook, instagram, and WhatsApp, but I don’t think we’d be rid of meta as a player entirely.

      • P00ptart@lemmy.world
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        10 hours ago

        Damn, I didn’t realize whatsapp made that much money.

        We need a couple more states in on it.

        • Typotyper@sh.itjust.works
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          5 hours ago

          https://resourcera.com/data/social/whatsapp-revenue/

          • P00ptart@lemmy.world
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            5 hours ago

            Holy shit! I had no idea!

            • Typotyper@sh.itjust.works
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              1 hour ago

              From texting accounts. Makes you wonder

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