Meta reaches $16.7 billion settlement in social media addiction lawsuit
Meta has reached a $16.7 billion settlement with 29 states over a lawsuit concerning child safety and social media addiction on platforms like Facebook and Instagram. The company will also implement safety changes, including daily usage limits and nighttime blocks for teenage users.
- Entities
- Game: Instagram
- Company: Meta
- Game: Facebook
- Topic: Social Media Addiction
- Topic: Mergers and Acquisitions
- Topic: Child Safety
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