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Cambridge Analytica

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Meta to Pay Up to $18B Over Teen Social Media Use

Meta agreed to pay up to $18 billion and cap teen Facebook and Instagram use at two hours daily, settling child-safety lawsuits from most US states.

Meta settled claims that it deliberately designed Facebook and Instagram to addict children, ending a federal trial as Instagram head Adam Mosseri began testifying and Mark Zuckerberg was expected to testify. Of roughly $16.7 billion for 47 states and territories, $12.7 billion is guaranteed and $5 billion is contingent on Snapchat, TikTok and YouTube adopting similar teen protections. The deal also resolved state privacy claims tied to Cambridge Analytica for an additional $459 million, while New Mexico (a $567 million ruling) and Florida opted out of the settlement.

Security Affairs · 20d agoPolicy & legal

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