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Meta settles lawsuit with state attorneys general over teen safety
Meta has reached a settlement with 29 state attorneys general over allegations that the company designed its platforms to be addictive to minors while aware of potential harms to teen users. The settlement includes an $18 billion payment and requires Meta to implement restrictions on teen user accounts. The deal avoids a trial that could have resulted in significantly higher damages.
Key takeaways
- 1.Meta will pay $18 billion and implement new age-based restrictions on teen users as part of the settlement
- 2.The settlement resolves claims from 29 state attorneys general regarding allegedly addictive platform design targeting children
- 3.The agreement allows Meta to avoid trial proceedings that could have resulted in hundreds of billions in damages
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