Meta has agreed to pay billions and restrict how teenagers use Facebook and Instagram, settling claims that the platforms were designed to encourage addictive use.
The settlement could be worth approximately $18 billion and ends a federal trial brought by a bipartisan coalition of US attorneys general.
The agreements cover 47 states, Washington, D.C., Puerto Rico, American Samoa and the Northern Mariana Islands, including a separate agreement with Texas.
Meta says its total payment could reach approximately $18 billion. About $12.7 billion will be distributed over 10 years, while the remaining $5.3 billion is contingent on TikTok and YouTube…
Read the full article at TECHREPUBLIC.COM
