The Price of Profit: Meta's $24 Billion Settlement for Teen Social Media Addiction A landmark settlement between Meta and 47 US states has brought attention to the company's deliberate design choices that prioritize profits over people.
With a staggering $17 billion payout – a fraction of Meta's projected 2025 revenue of $201 billion – this settlement marks a significant step towards accountability.
The lawsuit accused Meta of designing features that intentionally addict children to its platforms, hiding them from public scrutiny, and violating federal laws by collecting data on minors without parental consent.