Wendy's Falls on No Buyout Bid; Meta Moves on Settlement | Stock Movers

On this episode of Stock Movers: - Dollar Tree (DLTR) shares are lower as the retailer’s guidance for the third quarter and full year proves underwhelming after the stock’s 38% advance since its 1Q results on May 28. The S&P 500 Index was up 2.1% for the same period. - Meta (META) shares are moving after it agreed to pay up to $18 billion in landmark settlements to resolve social media claims from US states that would require the company to make major changes to how it operates platforms l...

Rebecca Hendin on Mark Zuckerberg and the Meta court settlement – cartoon

Continue reading...

By Rebecca Hendin

Meta’s $18bn settlement: How social platforms will change for child users

From night curfew to two-hour limit, Instagram and Facebook will introduce new features for children in the US.

‘You only get like two hours of alcohol or two hours of cigarettes a day’: Former Meta engineer on child safety settlement

Arturo Béjar, a former Meta engineering director, said the settlement is a “significant milestone,” but "it allows Meta to define harm."

By Barbara Ortutay, Wyatte Grantham-Philips, The Associated Press

Meta agrees to safety changes on Instagram and Facebook – but only in US, for now

Meta Platforms Inc.’s changes to Instagram and Facebook, part of a series of landmark settlements, will reportedly apply only to US users for now.

Meta to pay $18B, make teen safety changes in states deal

The company urged other social media brands to follow its lead

By Rafi Schwartz, The Week US

Daily limit, muted notifications, hidden likes: The changes coming to Facebook and Instagram after the trial

Meta reached an $18 billion settlement with the 29 states that had sued it - The changes will initially be implemented in the U.S. and may later be expanded to other regions The post Daily limit, muted notifications, hidden likes: The changes coming to Facebook and Instagram after the trial appeared first on ProtoThema English.

By Newsroom