U.S. States Seek $1.4 Trillion From Meta Platforms Over Child Addiction Claims Four U.S. states – California, Colorado, Kentucky and New Jersey – have calculated up to $1.4 trillion in potential penalties against Meta Platforms Inc., according to a court filing by the company. The Big Tech firm disclosed that figure in a legal response on Monday, July 6. It stemmed from allegations that the company designed Facebook and Instagram to addict children and teenagers. The potential fines are nearly equal to Meta’s current market value of about $1.5 trillion, the company said. More than 40 U.S. states have joined in a…

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