Meta Agrees to $18 Billion Settlement Over Child Safety Concerns
Meta has reached a landmark $18 billion agreement with numerous U.S. states to implement sweeping changes to how its social media platforms protect minors and handle user data. The settlement mandates stricter age verification, reduced algorithmic targeting of youth, and enhanced parental controls across Facebook, Instagram, and Threads.
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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...
Read full article →Rebecca Hendin on Mark Zuckerberg and the Meta court settlement – cartoon
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By Rebecca Hendin
Read full article →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.
Read full article →‘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
Read full article →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
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