What changed in this update
The social media giant settled with 47 states, the District of Columbia and U.S. territories, and agreed to make major changes to its products over claims its platforms endangered children.
Event intelligence
Meta social media addiction settlement with U.S. states
2 connected story threads
Current state
Meta has reached a settlement during a California federal court trial to resolve U.S. states' claims that its social media platforms are addictive and harmed children, with reported terms including a payment of up to about $16.6–$17.1 billion and product or safety changes.
Grounded in 5 reports across 4 sources
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CBS
Meta settles social media addiction suit with states for $17 billion
CBS
Meta settles in social media addiction case
Meta, the company behind Facebook and Instagram, agreed to pay billions of dollars and adopt new safety measures, settling claims that its products have harmed American kids. Kelly O'Grady has more.
NYTimes – Business NYT
Meta to Pay Up to $17.1 Billion in Landmark Settlement Over Social Media Addiction Claims
The social media giant settled with 47 states, the District of Columbia and U.S. territories, and agreed to make major changes to its products over claims its platforms endangered children.