NYTimes – Business Meta Settles States' Social Media Addiction Suit for $17 Billion
Meta agreed to pay up to $17.1 billion to settle allegations that its social media platforms are addictive and endangered children. The settlement covers 47 U.S. states, the District of Columbia and U.S. territories, and includes major changes to Meta's products. The deal resolves claims brought by state attorneys general over the impact of its platforms on young users.