$METAB agrees to pay about $16.7 billion to settle child safety and privacy claims—this sounds enormous, until you compare it to a profit-making machine.
Meta expects to generate about $340 million in profit per day by 2028, which means the entire settlement is worth roughly 49 days of profit
Meta expects to generate about $340 million in profit per day by 2028, which means the entire settlement is worth roughly 49 days of profit
