Meta, formerly known as Facebook and founded in 2004 by Mark Zuckerberg, has agreed to change how teens use its platforms and pay US states up to $17.1 billion to settle claims its products are addictive to kids. It’s not just the amount of money that’s surprising — the largest tech settlement ever. Instead, it’s perhaps the latest sign that long-running public frustration with tech companies is turning into concrete industry changes. Is this Big Tech’s “Big Tobacco moment” from the 90s or the B
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Meta, formerly known as Facebook and founded in 2004 by Mark Zuckerberg, has agreed to change how teens use its platforms and pay US states up to $17.1 billion to settle claims its products are addictive to kids. It’s not just the amount of money that’s surprising — the largest tech settlement ever. Instead, it’s perhaps the latest sign that long-running public frustration with tech companies is turning into concrete industry changes. Is this Big Tech’s “Big Tobacco moment” from the 90s or the B
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