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| JU Warrior |
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| Reged: 04/09/07 |
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| Loc: Cincinnati, Ohio |
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 Meta reaches $18 billion settlement with 48 states over child-safety claims
08/26/26 08:16 AM
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Meta reaches $18 billion settlement with 48 states over child-safety claims
Story by Meghan Bobrowsky • 1h • 3 min read
Meta Platforms agreed to an $18 billion settlement with 48 state attorneys general, bringing an end to a massive federal trial over social media’s harm to teenagers and ushering in a new era of tech companies having legal responsibility for their platforms.
As part of the settlement agreement, Meta will also make sweeping changes to its services, Facebook and Instagram, including implementing a default two-hour time limit on its apps for users under 18.
In a unique setup, Meta will pay out only 70% of the settlement unless TikTok and YouTube, which is owned by Alphabet, also agree to set default one-hour time limits a day on their apps for underage users and each pay the states roughly $5.3 billion. Meta will only pay the remaining 30% of its settlement, also $5.3 billion, if the two other companies agree to the terms.
The settlement will be distributed to the signing states in annual installments over a 10-year period based on their populations. It includes 48 states and four U.S. jurisdictions: the District of Columbia, Puerto Rico, American Samoa and Northern Mariana Islands. New Mexico, which sued Meta in a similar trial this spring and won, and Florida aren’t currently part of the settlement…..
https://www.msn.com/en-us/money/technology/meta-reaches-18-billion-settlement-with-48-states-over-child-safety-claims/ar-AA2aY9q8?ocid=TobArticle
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