Meta and a coalition of state attorneys general have settled a major federal case involving allegations that the social media giant misrepresented the extent of child-related mental health harms caused by apps like Facebook and Instagram.
The settlement outlines several requirements for Meta’s apps, including daily usage limits and “nighttime blocks” for teenage users, enhanced age verification measures to prevent children from accessing the apps, and the development of additional tools for parents and guardians.
As part of the agreement, Meta has agreed to pay $16.7 billion. California could receive between $1.5 billion and $2.1 billion if the settlement is formally approved by the court. Texas was not involved in this settlement.
Source (CNBC)
