Tuesday, 02 January 2024 12:17 GMT

Meta Reaches Major Settlement Over Social Media Risks to Teens


(MENAFN) Meta agrees to pay up to $18 billion to resolve claims from a coalition of US state attorneys general accusing the company of misleading the public about the potential risks its social media platforms pose to children and teenagers.

The proposed settlement also requires Meta to introduce stricter safeguards for young users on platforms such as Facebook and Instagram. Measures include limiting teenagers to two hours of daily use, restricting nighttime access, improving age-verification systems, and expanding tools available to parents and guardians.

“Today, we have secured a settlement with Meta that will make social media less dangerous for our kids and make a world of a difference for children and their families,” California Attorney General Rob Bonta said in a statement. “Meta has agreed to make massive transformations that will reduce the risk of harm from its platforms — and will do it within months.”

Under the agreement, around $12.7 billion, representing roughly 70% of the settlement, would be distributed among the states involved in the case. The remaining $5.3 billion would be connected to comparable measures and payments involving TikTok and YouTube.

The settlement emerges during the second week of a federal trial in Oakland, California, where Meta faces allegations that it deliberately designed its platforms to encourage addictive use among young people while failing to adequately disclose the associated dangers.

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