1 link tagged with all of: meta + read-later + social media addiction + regulation + 17.1 billion settlement
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Meta agreed to pay up to $17.1 billion to settle claims from 47 states and U.S. territories that its platforms harmed children through addictive design. The deal also requires the company to make significant changes to how its products operate.
- Settlement amount reaches $17.1 billion, one of the largest tech payouts ever
- 47 states plus D.C. and territories joined the lawsuit over child safety and addiction concerns
- Meta must implement product changes to address how its platforms engage users, particularly minors