
Mark Zuckerberg has spent over 20 years building the Facebook brand, but it could all come to an end in one fell swoop.
Parent company Meta used words like “outlandish” and argued there was no historical precedent for its proposed punishment in recent legal filings for a lawsuit that could completely wipe out the company.
‘A sanction of that size has no analog in the history of consumer protection enforcement.’
Twenty-nine states are currently engaged in a lawsuit against Meta that accuses the company of violating child privacy laws that bar the collection of data from underage users.
The online company is facing court battles from almost every cardinal direction, but four particular states are threatening Meta with penalties of $1.4 trillion, which nearly equals its entire valuation; according
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