The Facebook and Instagram owner, which denies wrongdoing, says the agreement builds on its "longstanding efforts to empower parents and support teens".
Meta: “There’s no problem.” Also Meta after getting sued: “Here are the safety changes everyone should adopt.” 😆
So they pay an inconsequential fine, and they will be “forced” by the government to implement age verification checks, so everybody on Facebook and Instagram will be identifiable by the MAGAs.
To be fair $18 billion is not inconsequential. Meta Platform’s net income for the twelve months ending June 30, 2026 was $68.098 B so that is 26% of their net profits. A pretty severe hit.
So they pay an inconsequential fine, and they will be “forced” by the government to implement age verification checks, so everybody on Facebook and Instagram will be identifiable by the MAGAs.
Gee, I feel so defended. /S
To be fair $18 billion is not inconsequential. Meta Platform’s net income for the twelve months ending June 30, 2026 was $68.098 B so that is 26% of their net profits. A pretty severe hit.
Paid over ten years.
Merely the cost of doing business.