SocialThe Vergeabout 2 hours ago
Meta Pays $9.89 Billion Child Safety Settlement
1 min read
Meta's third-quarter earnings report released Wednesday shows the company spent $9.89 billion on a child safety settlement with US attorneys general. This payment reduces potential operating income from $22.89 billion to a lower figure. The total settlement agreement reached in August was for $17.1 billion, with conditions regarding YouTube and TikTok settings.
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