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Meta settled litigation for nearly $17 billion, but agreed to implement significant default product changes for teen users on Instagram. These changes, including time limits and hidden like counts, m…
META climbed 1% after agreeing to an $18 billion youth-safety settlement over ten years. Wall Street viewed this positively as it avoids admission of wrongdoing and protects its core advertising mode…
Meta shares rose after agreeing to a $17B settlement over 10 years to resolve lawsuits regarding platform safety for minors. While this removes a significant legal overhang, experts warn of potential…
Meta Platforms shares rose 1% after agreeing to a reported $12.6 billion settlement over claims its platforms are addictive to minors. Investors appear relieved that the payment is spread over 10 yea…
Meta Platforms reached an $18 billion, 10-year settlement with 52 US attorneys general over teen online safety. The company will implement automatic protections for under-18 users and accrue a $10 bi…
Meta Platforms agreed to an $18 billion settlement with 48 state attorneys general over teen mental health harms. The deal resolves a major federal trial and requires Meta to implement sweeping platf…
Meta Platforms agreed to pay up to $16.68 billion to settle multi-state lawsuits alleging social media addiction and privacy violations involving children. The settlement resolves potentially massive…