Meta agrees to $17bn settlement over claims of child social media addiction
Meta, the owner of Facebook, Instagram, WhatsApp and Threads, has agreed to a major settlement over allegations about the addictiveness of its social platforms for children. According to court filings, the social media giant could pay as much as $17.1 billion to settle the litigation. The technology company has recently been on the losing end of several US lawsuits claiming it failed to disclose…
Meta, the company behind Facebook, Instagram, WhatsApp, and Threads, has reached a $17.1 billion settlement with 47 US states and Washington D.C. The deal stems from lawsuits alleging the social media giant failed to disclose how its platforms could lead to child addiction. Meta denies the claims and says it has implemented measures like daily time limits, reduced notifications, and night-time platform shutdowns for younger users.
The agreement also calls for other tech companies like TikTok and YouTube to adopt similar standards. However, executives have faced tough questioning about alleged negligence in protecting young users' safety. The settlement marks a significant step in addressing concerns from parents and legislators about social media's impact on children.
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