Economy
$567 Million in the Second Phase of New Mexico's Landmark Child Safety Case, Bringing Total Charges to Nearly $1 Billion

This case has always been about protecting children, standing up for families, and making sure that one of the world's largest technology companies cannot profit from practices that endanger young people without consequence, New Mexico Attorney G … The latest ruling in New Mexico’s child safety case brings Meta’s penalties to almost $1 billion.
This case has always been about protecting children, standing up for families, and making sure that one of the world’s largest technology companies cannot profit from practices that endanger young people without consequence, New Mexico Attorney General Raul Torrez said in a statement. Today’s decision is a victory for every parent who has worried about what social media is doing to their child and every child who deserves to grow up safer online. The $567 million will be put into an abatement fund that will go towards funding awareness and prevention measures, screening services, and treatment for people harmed by the company’s platforms. The abatement fund order is in addition to the $375 million in civil penalties that Meta was ordered to pay in the first phase of the New Mexico case, bringing Meta’s total charges to $942 million.
Source: Verge
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