Devilish detail and self-proclaimed moral leadership - why Meta's $17bn court capitulation over social media addiction accusations isn't the end of the story by any means
Meta’s ‘Big Tobacco’ moment in court has come to an unexpected halt (for now) as the social media giant agreed to pay up to $17 billion to make it go away - and immediately climbed on the moral high ground in calling for its rivals to act as responsibly as it claims to do.
Opening statements only began in a jury trial in a Federal Court in California late last week, with the hearing expected to run for a couple of months and involve testimony from CEO Mark Zuckerberg himself.
The charges essentially centered on allegations that Meta knowingly encouraged kids to get addicted to social media and did little or nothing to counter this in its policies, hence the ‘Big Tobacco’ comparison.
This is an accusation that the firm has faced in court already this year and lost- in New Mexico where it was initially ordered to pay...
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