Jim Cramer Says Meta's $17 Billion Child Safety Settlement 'Could Have Been Disastrous,' Instead It's 'Barely Material to Earnings'
Jim Cramer said Meta's $17 billion child safety settlement will have a smaller financial impact than investors expected.
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Why It Matters
Meta agreed to pay $17 billion to settle concerns about child safety on its platforms. This big number sounds scary, but it won't hurt Meta's profits very much because the company makes so much money.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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