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Meta could be fined up to $1.4 trillion or maybe "only" $200 billion
Post Reply RetroFed Forum Forum Index » Anti-social media
AuthorMessage
Rimu piefed.social rimu@piefed.social
Joined: 2024-01-04
(edited) Quote

Link: https://www.cnbc.com/2026/08/17/meta-attorneys-general-california-federal-trial-astronomical-consequences.html

Oh god, please, be more than $1 trillion.
117   Original
Ames social.vivaldi.net runoutgroover@social.vivaldi.net
Joined: 2026-02-21
#2 · Quote Reply

@rimu We don't really believe they'll have to pay up do we?
3
Rimu Moderator rimu@piefed.social
Joined: 2024-01-04
#3 · Quote Reply
Ames wrote:
@rimu We don't really believe they'll have to pay up do we?

Meta have paid lots of fines in the past.

https://www.perplexity.ai/search/list-of-fines-that-meta-or-fac-ppdbcc7jSiSvHJxC0gPOBA

Nothing of this scale, though...
2
ChicoSuave lemmy.world ChicoSuave@lemmy.world
Joined: 2023-08-12
#4 · Quote Reply

Meta CEO Mark Zuckerberg is relying on the cash generated by the company’s dominant ad business to fund his massive bet on artificial intelligence, which could cost as much as $145 billion this year.

They've already spent $145B on being last place in AI. Another $200B won't seem to impress the shareholders.
16
Steve startrek.website Steve@startrek.website
Joined: 2023-10-08
#5 · Quote Reply

What is money
1
Rimu Moderator rimu@piefed.social
Joined: 2024-01-04
#6 · Quote Reply
Steve wrote:
What is money

Hmm, metaphysical....

This is fun tho https://www.labnol.org/internet/visualize-numbers-how-big-is-trillion-dollars/7814

Pretty much it's a pile of $100 notes as tall as you are and as wide and long as a football field.
1
Rimu Moderator rimu@piefed.social
Joined: 2024-01-04
#7 · Quote Reply
Rimu wrote:
Hmm, metaphysical.... This is fun tho https://www.labnol.org/internet/visualize-numbers-how-big-is-trillion-dollars/7814 Pretty much it's a pile of $100 notes as tall as you are and as wide and long as a football field.

Fine Meta a trillion 40 times and you could pay off the national debt.
1
artyom piefed.social artyom@piefed.social
Joined: 2025-06-08
#8 · Quote Reply

This is the way
1
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