Like the tobacco industry, they have confidential memos about how to target children whilst simultaneously claiming they would never, ever target children.
And then pushed hard for legislation to make it someone else’s problem (like when the tobacco industry astroturfed for laws to make it illegal to sell under-18 cigarettes, after their own research showed it wouldn’t make much of a difference on youth smoking rates and would also improve their image as a “rebellious” thing to do). Sound familiar with Meta’s big push to have your OS declare how old you are?