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Meta agrees to $17B settlement over children's platform harms
Meta has agreed to a settlement worth $17 billion to settle a U.S. lawsuit accusing it of hiding the risks of its platforms, such as Facebook and Instagram, on the health of children and teenagers. The lawsuit cited issues including addiction effects, mental health disorders, and the collection of data without parental consent for those under 13. The new measures include imposing limits on platform usage time, implementing age verification tools, reducing content related to bullying and eating disorders, and strengthening parental controls. This settlement comes after a lawsuit filed by 29 states representing 47 U.S. states, making it one of the largest financial settlements in consumer protection in the United States. It aims to protect children and teenagers from the negative impacts of social media.
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