Meta Platforms will pay up to US$18 billion ($25 billion) over the next decade and strictly limit how teenagers use Facebook and Instagram under an agreement with nearly all 50 US states that took it to trial to resolve claims it designed those social media platforms to addict children.
The settlements announced on Thursday end a federal trial over allegations Meta’s products harmed children, and the company misled the public about their safety. Four of the states — California, Colorado, Kentucky and New Jersey — were expected to seek close to US$200 billion ($279 billion) in civil penalties.
While Meta will not undergo a fundamental overhaul, the accords represent a sweeping effort to define how it serves young users.
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