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

Security Affairsby @securityaffairs ()4 min read3 · 1 read
AI summary · glm-5.3-flashSummaries by Vani AI

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.

Key facts
  • Teens limited to two hours daily; midnight-6 a.m. block unless parents permit; school-hour notifications off
  • $5 billion of the payout hinges on Snapchat, TikTok and YouTube adopting comparable teen protections
  • Cambridge Analytica-related state privacy claims resolved for an additional $459 million
  • New Mexico and Florida stayed out; thousands of individual and municipal suits remain pending
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From the original article

4 min read at securityaffairs.com

Meta will pay up to $18B and cap teen Facebook and Instagram use at two hours daily after nearly all US states sued over child safety. Meta will pay up to $18 billion over the next decade and impose real usage limits on teenagers using Facebook and Instagram, settling claims that the company deliberately designed its platforms to addict children.

Security Affairs

By @securityaffairs · securityaffairs.com

Read the full article at Security Affairs

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.