Meta faces $1.4 trillion penalty in US youth addiction trial, nearly equal to its market value

Meta has disclosed that four US states are seeking $1.4 trillion in penalties in a trial alleging that the company designed Facebook and Instagram to addict young users. The figure is close to the Mark Zuckerberg-led company's market value of $1.5 trillion. "A sanction of that size has no analogue in the history of consumer protection enforcement," Meta said.