Limiting kids’ access to its addictive social media products Facebook and Instagram, Meta cut a worthwhile deal in a lawsuit with 47 states, D.C. and several U.S. territories. No more will children be glued to screens thanks to some needed reforms and Meta will write out at least $12 billion in checks to be doled out over 10 years, including up to some $1.1 billion for New York.

As a financial penalty, it may seem pretty big, but it is a pittance compared to 10 years’ worth of Meta’s revenue. Even the $200 billion that California, Colorado, Kentucky and New Jersey were expected to seek at trial would have been manageable for Mark Zuckerberg’s company, which despite a series of missteps including enormous losses on its metaverse projects has still been making money hand over fist as its capture of our........

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