Meta has agreed to hand over up to 18 billion US dollars to settle legal cases from US states concerning platform addiction and potential harms to children.
The landmark settlement addresses legal claims from California and other states concerning youth addiction on its popular apps.
Following the resolution, Meta also committed to sweeping changes on Facebook and Instagram. This deal settles pending litigation in the United States tied to online risks to children and teens.
Meta agrees to make changes, pay up to $18B US over social media harms to children CBC
Meta agrees to major changes to Facebook and Instagram as it settles US trial over teen addiction for up to $17bn The Guardian
Meta to Pay Up to $17.1 Billion in Landmark Settlement Over Social Media Addiction Claims The New York Times
Meta agrees to sweeping changes, $18 billion payout in landmark state settlement The Washington Post
Meta agrees to settle social media addiction claims with states for up to $18 billion NBC News