Meta reaches $17 billion settlement with states in landmark trial over teen social media addiction
Meta has agreed to pay $17 billion and add child-safety measures to its Facebook and Instagram platforms to end a landmark trial over teen social media addiction and settle claims filed by 47 states, state attorneys general announced Wednesday.
TL;DR
- Meta will pay $17 billion to settle claims.
- Child-safety measures will be added to Facebook and Instagram.
- The settlement ends a landmark trial over teen social media addiction.
- Claims were filed by 47 states.
- State attorneys general announced the agreement.