Meta reaches $17 bil. settlement with states in landmark trial over teen social media addiction
OAKLAND, Calif. — Meta has agreed to pay $17 billion and add stronger 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. The settlement resolves a pivotal legal case years in the making that sought to hold the tech giant accountable for the role…
Oakland, California - Meta has settled a significant legal battle over teen social media addiction by agreeing to pay $17 billion and enhance child safety measures on its Facebook and Instagram platforms. The settlement, announced by 47 states and their respective attorneys general on Wednesday, brings an end to a lengthy trial that aimed to hold the tech giant accountable for the negative impact its addictive features have had on children's mental health.
In a statement, Virginia Attorney General Jay Jones emphasized that Meta had "intentionally deceived the public" about the harmful design choices made in its platforms. California Attorney General Rob Bonta added that the funds would be distributed over a decade, with the state receiving a minimum of $1.5 billion if the settlement is approved by the court. New Jersey anticipates receiving a payout of at least $525 million.
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