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Patrick Boyle On Finance — The Social Reckoning That Wasn't
Scout ratingSCOUT· 67%34m·2026-09-05·Money

The Social Reckoning That Wasn't

Patrick Boyle On Finance · 36

Last month Meta agreed to pay up to $18 billion dollars to settle claims that it knowingly harmed teenagers — a number the press immediately called Big Tech's "tobacco moment." Wall Street responded by sending the stock up.In this video I read the actual 130-page consent judgment so that you don't have to, and work…

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What people are saying

Up to $18b in fines like my MacBook has up to 64gb of RAM.

@nameandphoto · YouTube comment

"The punishment costs less than the defense". And that's why they agreed to it. Not a surprise, but still infuriating. 'Harm and profit coming from the same place' is unsolvable.

@kieranelliott5607 · YouTube comment

"The same man who spent tens of billions of dollars trying to persuade the world to abandon their legs" 😂😂😂

@Howitchewstofeel5gum · YouTube comment

Of course he was able to avoid it. This country is pathetic.

@poizonfreak · YouTube comment

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