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Meta reaches $18 billion of settlements over children’s social media addiction

3 outlets - including Cbsnews, Investing and Bloomberg - are covering this story. Meta agreed to pay up to $17 billion to settle allegations that its social media platforms are addictive.
Covered by 3 outlets
All coverage · 3 articles
CBS MoneyWatch
·1h ago
Meta settles social media addiction suit for up to $17 billion
Meta agreed to pay up to $17 billion to settle allegations that its social media platforms are addictive.
Investing.com Stock Market
·2h ago
Meta reaches $18 billion of settlements over children’s social media addiction
Bloomberg Technology
·4h ago
Meta Says It Will Pay Up to $18 Billion Over Social Media Claims
Meta Platforms Inc. said it agreed to pay up to $18 billion in landmark settlements to resolve allegations from multiple US states that the company deliberately designed Facebook and Instagram to encourage compulsive use among young users.