Meta is set to hand over up to 18 billion US dollars to finalize legal cases from US states concerning social media addiction and potential harms to children.
The historic agreement addresses legal claims from California and other states focused on youth addiction on its popular apps.
As part of the deal, Meta also agreed to sweeping changes on Facebook and Instagram. This deal ends ongoing legal proceedings in the United States involving claims over social media harms 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