A New Mexico judge yesterday ordered Meta to pay $567 million for a fund that would alleviate the “public nuisance” created by its social media services. The order to pay for youth mental health care is in addition to $375 million in civil penalties that a jury ordered Meta to pay earlier in the same case.
If it’s not annual and a significant percentage of their gross income, it’s just the cost of doing business.
Its not a total loss, but I can’t bring myself to see it as a win.