The Tech Titans Must Be Stripped of Their Power The recent $18 billion settlement between Meta and 29 US states that accused its platforms of harming children is a sobering reminder that tech giants' grip on our lives remains unbroken.
The news barely registered as a blip on Meta's stock price, which surged by 5% before leveling out at a modest gain – a clear indication that the company's board and shareholders view this development as little more than a minor speed bump.
For years, concerns about social media's impact on children have been growing louder. The platforms' effects on teenagers' mental health, self esteem, and exposure to disturbing content are well documented.