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Meta says it would’ve made over $22 billion if it didn’t have to pay a child safety settlement

Newseze Wire·Wed, Oct 21, 8:46 PMWire: The Verge
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Meta says it would’ve made over $22 billion if it didn’t have to pay a child safety settlement

Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general. That's according to the company's third-quarter earnings report released on Wednesday, which says Meta's income f…

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Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general. That's according to the company's third-quarter earnings report released on Wednesday, which says Meta's income f… The story falls into Newseze's technology desk and is being actively tracked by our editorial team. Calm framing, primary-source references, and respectful tone — every Newseze story is scored for drama and conspiracy before it reaches you. Worth knowing: Newseze refreshes its newsroom every hour and flags fast-moving local and breaking news as it develops. Watch this page for updates. Reporting: The Verge.
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