logoalt Hacker News

nistiminicyesterday at 7:37 PM1 replyview on HN

The other article says: "OAKLAND, California, Aug 26 (Reuters) - Meta Platforms (META.O), opens new tab will pay up to $18 billion over the next decade" [1]

So it's 1.8 billion per year and that's a lot less than 25%.

[1] https://www.reuters.com/business/meta-reaches-18-billion-set...


Replies

pseudosavantyesterday at 8:50 PM

Exactly. Meta basically got out of this without any meaningful penalty or deterant for the future. Paid out to the 50 states, it only averages $36M a year per state. I can't believe all of the state AGs signed on for this no-op.

show 1 reply