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8 stories in the last 30d

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 · 21d agoPolicy & legal

Kids’ online safety bill faces dim prospects of passage this session despite progress

Kids Online Safety Act clears Senate committee but passage looks unlikely this session amid House-Senate deadlock over the duty-of-care provision.

KOSA advanced out of the Senate Commerce Committee, but the chambers remain split on a duty-of-care provision requiring platforms to act with reasonable caution to prevent foreseeable harm, which House leadership opposes over First Amendment and negligence-lawsuit concerns. The Senate passed KOSA 91-3 last Congress before it died in the House, and the House passed its own version without the duty of care in June as part of a larger package, after stripping a state-law preemption provision. Observers say even Senate passage this year is a struggle given the short calendar, with a lame-duck window between November and January the more plausible path, and Majority Leader John Thune controlling whether a roll-call vote happens.

The Record · 24d agoPolicy & legal

TikTok Agrees to $400 Million Settlement in U.S. Child Privacy Lawsuit

TikTok agrees to pay $400 million to settle a DOJ child-privacy lawsuit alleging COPPA violations including collecting data from children under 13.

The DOJ announced that ByteDance-owned TikTok will pay $400 million to settle a 2024 lawsuit alleging massive-scale invasions of children's privacy. TikTok pays $300 million immediately and $100 million upon vacating the prior Musical.ly consent decree. The complaint alleged children under 13 could create accounts, data was collected in Kids Mode, and parental deletion requests went unheeded. DOJ called it one of the largest recoveries ever under COPPA, following TikTok's 2023 €345 million GDPR fine.

The Hacker News · 25d agoPolicy & legal

Party’s Over for Crypto Scammers Who Went on a Spending Spree After a $240 Million Bitcoin Theft

Malone Lam's plea hearing approaches in the $240 million bitcoin social engineering theft; the case highlights surging crypto fraud and limited enforcement.

Malone Lam, accused of organizing a social engineering attack that stole over $240 million in bitcoin (4,100+ BTC) from a Washington, D.C. resident in August 2024, has a plea agreement hearing set. Callers impersonating Google and Gemini staff tricked the victim into revealing security codes. Lam and 17 co-defendants spent lavishly before FBI arrests; crypto investment fraud complaints to the FBI rose nearly 50% in 2025 while DOJ disbanded its crypto crimes unit.

SecurityWeek · 9d agoPolicy & legal

Meta pledges to overhaul kids’ safety protections, pay $17 billion to settle social media case

Meta settles states' kids' online safety lawsuit for $17 billion, agreeing to landmark usage limits, age restrictions, and independent auditing.

Meta agreed to pay $17 billion to settle a civil suit from nearly every US state and territory alleging it hid research showing Facebook and Instagram are addictive to minors and violated COPPA by collecting data on children under 13. The settlement imposes reforms including two-hour daily limits for users under 18, a midnight-to-6am usage block, non-personalized feed options, and an independent auditor. Meta also settled separately with Texas for about $1 billion.

The Record · 21d agoPolicy & legal

TikTok Settles U.S. Child Privacy Case for $400 Million

TikTok will pay $400 million to settle U.S. DOJ/FTC claims that it violated COPPA by collecting data from children under 13.

The U.S. Department of Justice announced a $400 million settlement with TikTok and ByteDance resolving a 2024 lawsuit over violations of the Children's Online Privacy Protection Act (COPPA). TikTok will pay $300 million immediately and $100 million upon entry of an order vacating a prior consent decree against its predecessor Musical.ly; it is one of the largest recoveries ever obtained in a COPPA case. The DOJ and FTC, filing in California, alleged TikTok knowingly allowed children under 13 to create accounts and illegally collected data via Kids Mode. TikTok was previously fined €345 million by Ireland's Data Protection Commission in 2023 for GDPR breaches involving children's data.

Security Affairs · 24d agoPolicy & legal

Risky Bulletin: Two TeamPCP members arrested in Australia

Australian Federal Police arrested two alleged TeamPCP members behind supply-chain worm attacks that stole over 500,000 credentials from compromised open-source libraries.

The AFP arrested alleged TeamPCP leader Ruben Thomson, 21, and Louis Gaebler, 23, near Perth; both were charged and remain in custody. The group inserted a self-spreading credential-stealing worm into open-source projects including Trivy, KICS, LiteLLM, and Telnyx, harvesting more than 500,000 credentials used for network access, ransomware, extortion, and sales. About 78,000 tokens and secrets from nearly 2,200 organizations leaked online last month, and the FBI supported the investigation that began in April.

Risky Business News · 20d agoPolicy & legal in the wild1

Senators press TikTok over withholding of safety features for some users

Sens. Blackburn and Blumenthal demand TikTok explain why safety features were withheld from about 10% of users, following a teenager's suicide.

Sens. Marsha Blackburn and Richard Blumenthal sent a letter demanding answers from TikTok after a Bloomberg report showed the company withheld algorithmic safety changes from a control group of about 10% of users, including 16-year-old Chase Nasca, who died by suicide in February 2022. An internal review found the teen viewed more than 7,500 videos in his final two weeks, 73% with themes of sadness or personal struggles. The senators tied the case to the Kids Online Safety Act, which advanced out of the Senate Commerce Committee on August 5, and set a September 1 deadline for responses.

The Record · 27d agoPolicy & legal