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META Agrees to Historic $17.1 Billion Settlement for Addictive Design Claims

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The Story

News Summary

  • Meta agreed to a landmark multistate settlement, paying up to $17.1 billion and changing Facebook and Instagram to address allegations of addictive design for minors.
  • The agreement mandates usage limits, content restrictions for teens, and independent compliance oversight.
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META price history

665.60 +4.89% over the displayed period

Advisor Snapshot

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