TechBloomberg Law2h ago

Texas, which didn't join a multi-state case against Meta, negotiated

Texas, which didn't join a multi-state case against Meta, negotiated a $1.05B side deal that could reach $1.335B if TikTok and YouTube adopt teen safety changes

Texas, which didn't join a multi-state case against Meta, negotiated

TL;DRTexas cut its own $1B+ deal with Meta instead of joining 47-state lawsuit.

Why it matters: Shows states can negotiate separately, potentially fragmenting enforcement and setting precedent for future tech settlements.

A week before 47 states reached a $17 billion mid-trial settlement with Meta Platforms Inc. over claims it caused social media addiction …

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Source: Bloomberg Law · Opens in new tab