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Meta agrees to $18 billion settlement over teen social media harms

Meta agrees to $18 billion settlement over teen social media harms

TL;DRMeta pays $18 billion to settle claims it deliberately hooked teens on Facebook and Instagram.

Why it matters: Establishes precedent that platforms face major financial consequences for targeting minors' psychology.

Meta has reached a proposed settlement worth up to approximately $18 billion with a bipartisan coalition of 52 attorneys generals over allegations that Facebook and Instagram were deliberately designed to encourage compulsive use by children and teenagers. [...]

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