Mark Zuckerberg’s company has been accused of designing Facebook and Instagram to addict children and teenagers
Meta could face up to $1.4 trillion in penalties after four US states accused the company of designing Facebook and Instagram to addict young users, media have reported, citing court documents. The potential fines are nearly equal to the company’s current market value of around $1.5 trillion.
California, Colorado, Kentucky and New Jersey accuse Meta of deliberately designing its platforms to keep children and teenagers hooked while misleading the public about the apps’ safety, the company said in a court filing on Monday.
At a court hearing last month, the four states said that they had calculated the proposed penalties by estimating the number of young users affected and applying fines allowed under state law. The $1.4 trillion figure was disclosed by Meta in a legal response to the states’ request on how damages should be calculated.
Disclaimer : This story is auto aggregated by a computer programme and has not been created or edited by DOWNTHENEWS. Publisher: rt.com
