Meta Agrees to $18 Billion Settlement Over Alleged Teen Harm on Platforms
Meta has agreed to pay $18 billion to resolve lawsuits alleging that its social media platforms caused psychological harm to teenage users. The historic financial settlement addresses widespread concerns about the impact of digital engagement on adolescent mental health.
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Meta’s $18 Billion Social Media Settlement by the Numbers
Meta Platforms Inc.’s plan to pay up to $18 billion in a sweeping settlement with almost every US state will resolve a slew of legal claims related to teenage users on the company’s social media platforms.
By Madlin Mekelburg
Read full article →Meta's historic $18 billion settlement may mean little for the plight of teens
Bloomberg/Getty Images; Getty Images; Tyler Le/BI On Wednesday, Meta reached an agreement with attorneys general across states, Washington, DC, and US territories that had brought claims the design of the company's apps had harmed children. The company will pay up to $18 billion in penalties and alter its apps to potentially limit the amount of time teens spend on them daily. The settlement is historic: It's the highest ever paid to states by a Big Tech company, and it could have massive imp...
Read full article →Meta settles children's harm case
Meta has reached a landmark $US18 billion settlement with 29 US states in a case over the mental harm to children.
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