Meta Faces Astronomical Liability From State Lawsuits
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In this video we look at recent lawsuits filed against Meta.
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#wallstreetmillennial
0:00 – 1:11 Intro
1:12 – 3:27 Meta Business Model
3:28 – 6:56 The Facebook Files
6:57 – 14:45 New Mexico
14:46 California
@wallstreetmillennial
August 29, 2026 at 3:26 am
Just as we published this video news broke that Meta settled with the states for $16.7 billion, which is frankly far less than I had expected. It takes multiple days to make each video so there is always a risk of being out of date.
@fortheflol
August 29, 2026 at 3:26 am
Meta should not pay a penny. Meta did not put a $1000 phone in those kids hands. Their parents did.
@headfirst6227
August 29, 2026 at 3:26 am
Note to self: Never do the “side eye”.
@cenationofjnu
August 29, 2026 at 3:26 am
16.7 billion dollars is nothing for meta. Meta should be fined according to their profit. Fine them 20%, 40% of their profit.
@Jon-hg5lz
August 29, 2026 at 3:26 am
Who tf still uses fb?
@avarmauk
August 29, 2026 at 3:26 am
Let’s hope more states and the EU sue too
@yannhusson411
August 29, 2026 at 3:26 am
Do you ever make a bullish video on any company?
@d3vilman69
August 29, 2026 at 3:26 am
Hmm, big numbers on the fines. So, where the F does all that money go to? The victims? Or the government? If the latter then I gotta say that's an easy way to siphon money off big corporations. Just wait for them to f**k up.
@1twoone2
August 29, 2026 at 3:26 am
Every State should file.
@WinnieWallyt
August 29, 2026 at 3:26 am
Well the stock has fundamental flaws with AI capex having no ROI and a cash drain for the next decade. So yeah I guess puts leaps lol
@theIdlecrane
August 29, 2026 at 3:26 am
Meta is short for metastasis
@andrewbuhman1066
August 29, 2026 at 3:26 am
Until the consequences of a trial go from fines to prison time, nothing is going to change.
@marketads1
August 29, 2026 at 3:26 am
Anyone who believes that Meta doesn't care about engagement strategies should be locked up. And that includes Zuckerberg trying to sell that idea to the courts.
@sidharthchand8072
August 29, 2026 at 3:26 am
This is the plot of atlas shrugged
@gaminglikeapro2104
August 29, 2026 at 3:26 am
Meta faces shit. These companies can easily bribe whoever they want and pay a few starving communities a few millions here and there and case closed.
@gauravrajghimire6396
August 29, 2026 at 3:26 am
4:14 I am getting prompted to apply for Facebook pro for about $8 per month and all the benifit I get is the stories history is available to me.
I have screenshot of this if you need to verify.
@sunglee3935
August 29, 2026 at 3:26 am
There are so many scam ads on Instagram and Facebook.
@jimihat211
August 29, 2026 at 3:26 am
When we get done taking 1.4 trillion for the children, that's when the adults should sue for more money than the kids.
@kylebowles9820
August 29, 2026 at 3:26 am
10:45 I've known about this since 2008
@kylebowles9820
August 29, 2026 at 3:26 am
It doesn't "do a worse job filtering scams", they want that 10% and they want it to be higher.
@TheHomeExpert5
August 29, 2026 at 3:26 am
Didn't Zuckerberg steal the whole idea for Facebook?
@2rightsmakeauturn
August 29, 2026 at 3:26 am
What's a "Meta"?
@goldreserve
August 29, 2026 at 3:26 am
15% of Meta's scam revenue up to 2036 to pay the $16.7 billion fine.
@PierlessScarred
August 29, 2026 at 3:26 am
Philip? Is that you, Philip Morris ? 😂😂😂
@ManMountainMetals
August 29, 2026 at 3:26 am
Boo. Should not have published out of date video. Fix it or forget it don't just publish anyfuckingway
@princemc35
August 29, 2026 at 3:26 am
5:15
I feel like people shouldn't wholly push blame on Meta for their own faults
@UnitedWeStand-g7u
August 29, 2026 at 3:26 am
I gave up on FB the day after Mark Zuckerbourg admitted he was selling user data without their knowledge or permission, despite building FB on the false promise that it would always be free and user data would always remain private.
He paid a small fine and never faced a single day in jail.
I don’t understand why everyone else didn’t do the same thing after literally having their personal information sold to the highest bidder.
@ALmustseeprof
August 29, 2026 at 3:26 am
Funny how governments will prosecute cases like this, but will do nothing to p*rn companies despite the decades of research showing how much more harmful that is than social media addiction, and how many millions of kids have been exposed and addicted while the platforms do nothing to prevent this harm. Apparently women's feelings matter most. If a girl feels fat because she saw a model online, bury all the social media CEOs under a prison.
@darkshadow1966
August 29, 2026 at 3:26 am
Who wound think that the cesspool of social media, wound be bad for you, shocking isn't it
1.4 trillion is petty cash to company like them
@polok890
August 29, 2026 at 3:26 am
Leave this shameless lizard alone
@mwwhited
August 29, 2026 at 3:26 am
It’s time to restore corporate liability to the point that CEOs can be charged with the crimes their businesses commit and fines to be a percentage of profit versus some tiny number of they will never notice.
@user-jg6xu1kk1i
August 29, 2026 at 3:26 am
Metal didn't force anyone to download its apps and use them.. Marxists don't believe in agency and accountability 😂😂
@pisti18s
August 29, 2026 at 3:26 am
It's actually less then 16.7b if youtube and tiktok doesn't do the same restrictions, chip in and pay 5.2b among them as well. When you calculate inflation in the mix it's around 9.2b over 10 years. Sounds a bit less then the 1.4 trillion headline and 200b was rumoured aye?
@maat-m6n
August 29, 2026 at 3:26 am
This is stupid and un-American. I hope all of this is overturned on appeal. You are mad at Facebook for making a good product.
@philjtephenson41
August 29, 2026 at 3:26 am
Morons addicted to their phones should be allowed to have one, its down to the individual to regulate thier usage, the worlds gone to poop!
@ChantelProfeciousWilt
August 29, 2026 at 3:26 am
You are trolling with the use of this image WSM lol 4:22
@FT4Freedom
August 29, 2026 at 3:26 am
FB got a pass because they are in the surveillance club.
@Diabeticdawg0
August 29, 2026 at 3:26 am
Oy vey
@wheressteve
August 29, 2026 at 3:26 am
That's pocket change for Zuck…his jet ski collection should cover that.
@keylanph
August 29, 2026 at 3:26 am
My conspiracy theory is that this is all of this is on purpose.
Not because they make money, but because they actually want to end net neutrality and section 230.
It’s a false flag so that they can openly begin regulating free speech of normal Americans and say that it’s because of the government.
@hojbota-ptv
August 29, 2026 at 3:26 am
Leaving Instagram and Facebook is a very good thing for your mental health.
@PhantomOfTheWeb
August 29, 2026 at 3:26 am
They want Meta to bend the knee prior to the next election cycle. Happens every time, just in time.
@duncanfromunderthebridge
August 29, 2026 at 3:26 am
I mean, it’s literally a choice to use Facebook. No one makes you login, let alone create an account in the first place. You can permanently delete it with the click of a button. You have full control over how many notifications you receive. If you spend too much time on Facebook, that’s a personal issue that is entirely solvable on your own. No one can FORCE you to use Facebook.
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