TechNew York Times4h ago
Sources detail how Meta's $17.1B settlement with state AGs came together
Sources detail how Meta's $17.1B settlement with state AGs came together as Meta wanted to avoid going to trial following losses in cases in LA and New Mexico
TL;DRMeta settled $17.1B with state AGs after losing legal battles rather than risk trial.
Why it matters: Shows companies will pay massive settlements to avoid precedent-setting losses; signals state privacy enforcement works.
State attorneys general spent months in negotiations. Then, as its legal losses mounted, the social media giant's new top lawyer brought a huge settlement to the table.
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