Meta says it would’ve made over $22 billion if it didn’t have to pay a child safety settlement

Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general.

The Core Event

That's according to the company's third-quarter earnings report released on Wednesday , which says Meta's income from operations would have been $22.89 billion without the settlement.

Key Facts

Meta had to shell out $9.89 billion to pay for a chunk of the child safety settlement it reached with US attorneys general.

Context & Significance

That's according to the company's third-quarter earnings report released on Wednesday , which says Meta's income from operations would have been $22.89 billion without the settlement.

Outlook

Stay updated with continuous reporting from The Verge.