Meta reaches $17 billion settlement with states in landmark trial over teen social media addiction
World2 sources1 country🔦 Under-reported52m ago
Meta Platforms has agreed to a multi-billion-dollar settlement and major platform changes to resolve claims filed by dozens of state attorneys general regarding teen social media addiction on Facebook and Instagram.
The landmark agreement was reached on Wednesday in Oakland, California, following a trial involving claims brought by 47 states.
Under the terms of the settlement, Meta will implement stronger child-safety measures alongside the financial payout to end the litigation.
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St. Louis Post-Dispatch (St. Louis, US) (US)Highlights the Oakland location and specifies the exact payout figure of $16.68 billion.