Meta Agrees to Pay Up to $16.7 Billion to Settle Social Media Addiction Case
Core Summary American tech giant Meta has agreed to pay up to $16.7 billion to settle federal lawsuits from 29 states alleging its platforms caused social media addiction among teenagers. The deal was reached during a trial in California federal court, making it one of the largest settlements in tech industry history. It marks a new phase in U.S. state-level regulation of social media platforms’ impact on youth mental health. ...