Meta to pay $23b, agrees to change platform to settle lawsuit | ABC NEWS
Meta has agreed to pay $US17 billion ($23.6 billion) and add child-safety measures to its Facebook and Instagram platforms to end a landmark trial over teen social media addiction. The company has agreed to mandatory 2-hour time limits daily for young people. Other changes included disabling likes and beauty filters, as well as disabling push notifications during school hours.
The agreement came ahead of Meta chief executive Mark Zuckerberg being expected to take the stand before a jury in federal court.
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AI GeneratedMeta has agreed to a $25 billion settlement with 48 US states following allegations that its platforms, Facebook and Instagram, were designed to be addictive to children and teenagers. In addition to the financial payout, Meta will implement strict safety measures and platform changes to protect the mental health of young users.