Meta Platforms on Wednesday agreed to pay $17 billion to settle claims, filed by 47 US states, that the company designed Facebook and Instagram to deliberately make teens addicted to their products while deceiving the public, according to state attorneys general. Meta has also agreed to a long list of new safeguards that will significantly change how young people use its apps, including a nighttime block and a two-hour limit across all of Meta's platforms. Key points and original sources are listed below.
- Meta Platforms on Wednesday agreed to pay $17 billion to settle claims, filed by 47 US states, that the company designed Facebook and Instagram to deliberately make teens addicted to their products while deceiving the public, according to state attorneys gener...S1
- Meta has also agreed to a long list of new safeguards that will significantly change how young people use its apps, including a nighttime block and a two-hour limit across all of Meta's platforms.S2
- Meta Platforms has reached a $16.7 billion settlement in a high-profile case concerning harm caused to teens through its social media platforms. The settlement amount is significantly lower than Meta's worst-case scenario estimate of $1.4 trillion, which repre...S3
- The deal has been reached during a California federal court trial over claims brought by 29 states.S4
- Case relating to alleged failures of child protection was getting under way in CaliforniaS5
- The settlement was reached during a California federal trial over claims brought by 29 states, averting one of the highest-profile tests yet of allegations that social media companies harmed young users.S6S7
- Mark Zuckerberg’s Meta has agreed to pay up to $16.68 billion as part of a historic settlement with 29 state attorneys general who alleged the company purposely built Instagram and Facebook to addict kids.S8