Meta's child-safety failures will cost it another $567 million as total bill reaches almost $1 billion
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What just happened? Meta's defeat in New Mexico's landmark child-safety case is going to cost the company close to one billion dollars. A state judge has ordered Facebook's parent to place $567 million into a fund addressing harm its platforms caused young people. That's on top of the $375 million civil penalty imposed in March, meaning its total bill now stands at $942 million.
The decision resolves the second phase of New Mexico's case against Meta. Following a three-week trial, Judge Bryan Biedscheid concluded that Facebook and Instagram created a public nuisance and significantly contributed to the state's youth mental health crisis. WhatsApp was excluded because the court found that it didn't contribute to the nuisance.
A jury in the first phase found Meta liable for 75,000 violations of New Mexico's Unfair...
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