Meta Says It Will Pay Up to $18 Billion Over Social Media Claim
The landmark settlements will resolve allegations from multiple US states that the company purposefully designed Facebook and Instagram to encourage compulsive use among youths
Meta has agreed to a historic settlement with dozens of US states over allegations that its platforms, Facebook and Instagram, fueled a youth mental health crisis. The social media giant will pay up to $18 billion, with an initial payment of approximately $12 billion.
The settlement addresses years of litigation that accused Meta of prioritizing engagement over the safety of young users. According to Joy Business, the total payout could reach up to $18 billion, depending on the participation of industry peers.
As part of the agreement, Meta will overhaul key features on Facebook and Instagram, including restricting how much time youths can scroll and preventing them from switching off certain safety settings, as reported by Business Standard IN. The company will also add stronger child-safety measures to its platforms.
Brief written by urgent.news from Business of Fashion, Joy Business, Fast Company, CNA - Business, Business Standard IN — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.
