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Meta Pays $17B to Protect Young Users | San Antonio News
Meta just agreed to a $17 billion settlement—its biggest yet—to protect younger users on its platforms, a move that, while massive, still pales compared to its $201 billion annual revenue. This isn’t the first time corporate giants have faced colossal payouts: BP paid $20 billion over 16 years for the Deepwater Horizon disaster, Enron’s collapse triggered billions in pension losses, and WorldCom’s $11 billion fraud led to a CEO’s 25-year sentence. Financial titans like JPMorgan and Bank of America also paid heavily after fueling the housing crash, while Johnson & Johnson faces a $5.5 billion…
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