Explained: Why a US court ordered Meta to pay nearly $1 billion over youth harms
A New Mexico court ordered Meta Platforms to pay $567 million into an abatement fund to address youth harms, following a $375 million penalty for violating the state's Unfair Practices Act. This ruling marks the first instance where a court has recognized Meta's platforms as contributing to public nuisance for minors. Meta faces a total financial exposure of $942 million.