An $18bn settlement – and Zuckerberg barely blinked. The tech titans must be stripped of their power, and soon | Jonathan Freedland

Meta's share price didn't drop after agreeing to an $18 billion settlement with 29 US states over allegations that its Facebook and Instagram platforms harmed children. This outcome is significant because it shows that big tech companies like Meta can continue to make huge profits despite causing harm. The settlement is a victory for campaigners who have long argued that tech giants like Meta have too much power and need to be held accountable for their actions.

Why it matters

The large settlement against Meta highlights the need for regulation of big tech companies to prevent harm to children and society. The ability of these companies to prioritize profits over people is a concern that needs to be addressed.

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