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Meta Surges 6.6% on $18B Settlement and 500M Threads User Milestone

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The Story

News Summary

  • Meta shares surged over 6% following an $18 billion multi-state settlement over youth-harm claims, clearing major regulatory uncertainty.
  • Additionally, Meta introduced paid AI subscription tiers, acquired Swedish startup Stilla.ai, and announced Threads reached 500 million monthly active users, rivaling X in scale.
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META price history

670.24 +6.06% over the displayed period

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