Texas will get more than $1 billion from technology giant Meta as part of a new settlement related to children’s online safety, the attorney general’s office announced Wednesday. The company, which owns social media companies Facebook and Instagram, agreed to also pay California and several other states a collective $17 billion on Wednesday as part...Read More
Meta Platforms agreed Wednesday to pay up to $17.1 billion to settle a landmark lawsuit brought by 29 states alleging the company deliberately engineered Facebook and Instagram to be addictive to children, marking the largest single settlement in the company’s history and the biggest tech-industry payout ever recorded in a single case. To put it...Read More
Meta has agreed to pay $17 billion and add child-safety reforms on Instagram and Facebook in a multistate settlement announced Wednesday by Colorado Attorney General Phil Weiser. Colorado will receive around $615 million over nine years for its part of the settlement, Weiser said. The money will go toward mental health and safety programs for...Read More
Arkansas is set to receive at least $172.4 million under a landmark settlement with Meta resolving litigation over allegations that Facebook and Instagram were designed in ways that harmed and addicted children. Arkansas Attorney General Tim Griffin announced Wednesday that he and 50 other attorneys general reached the proposed settlement with Meta, the parent company...Read More
North Carolina Attorney General Jeff Jackson announced at a Wednesday press conference that a $451 million minimum settlement has been reached in the case against Meta for their alleged harms to child users. The state could receive up to $645 million if an industry-wide adoption is reached with other social media companies in the next...Read More
Social media giant Meta will pay over $1 billion to Texas and implement sweeping protections for children as part of a settlement with the state, Attorney General Ken Paxton announced Wednesday. The settlement comes as Meta, the company behind Facebook and Instagram, tentatively agreed to a $17 billion payout to resolve a separate lawsuit brought...Read More
PHILADELPHIA – Pennsylvania, along with almost every other state, has reached a groundbreaking settlement with Meta that will require major changes on Facebook and Instagram to better protect young users, according to Attorney General Dave Sunday. The agreement, part of a nationwide civil trial in California, is the largest-ever settlement involving a big tech company...Read More
The agreement resolves lawsuits from 51 attorney generals that allege the tech giant misled the public about the addictive nature of its platform and impact on children’s mental health. Little Rock, AR – Jonesboro Right Now – Arkansas is set to receive $172.4 million as part of a proposed $17.1 billion multistate settlement with Meta,...Read More
Meta Platforms agreed to pay up to US$16.68 billion to settle claims from 29 US states over child data misuse and addictive platform design. The decision could affect advertisers, telecom operators, and platform-dependent businesses, which now face rising pressure to anticipate stricter child-safety standards ahead of formal regulation. Meta Platforms agreed to pay a maximum...Read More
Good morning. It was supposed to be Meta’s big tobacco moment, but the tech company’s share price barely flinched on Wednesday – and fluttered upwards, even – after it settled a landmark lawsuit. The case was brought by 29 US states who accused the company of harming children with addictive and dangerous products. Against a...Read More
