Meta agrees to $16.7 billion settlement over claims its platforms harm children
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.
Meta Platforms has reached a $16.68 billion settlement to resolve claims that its platforms, Facebook and Instagram, harmed young users and improperly collected their personal data. This agreement stems from a federal trial involving 29 US states. The settlement addresses allegations that the social media giant intentionally encouraged excessive use among children and teens while failing to secure parental consent for data collection, which is used to train artificial intelligence models.
Meta will also implement nationwide restrictions on teenage users of Facebook and Instagram, including daily usage limits and nighttime usage blocks. However, the company denies any wrongdoing and claims it has invested heavily in child protection. Following the settlement, Meta's shares increased by 4.4% in pre-market trading.
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