California Governor Gavin Newsom signed legislation banning social media platforms from serving 'addictive features,' like algorithmic feeds and autoplay, to users under 16. The law introduces tighte…
Meta's $18 billion multi-state settlement over teen social media use spreads payments across ten years, avoiding catastrophic liability. Operational adjustments, including a two-hour teen limit, rema…
Meta is in talks with the South Korean government to curb teen social media usage. Proposed measures include two-hour daily caps and nighttime restrictions on Instagram and Facebook, aiming to avoid …
Meta settled a 47-state teen-addiction lawsuit for $18 billion over ten years, eliminating a massive trillion-dollar legal threat. Additionally, its new autonomous agentic AI platform, Meta Muse, exc…
Meta Platforms agreed to pay up to $18 billion over a decade to settle teen mental health lawsuits with US states. The agreement leaves Meta's lucrative recommendation algorithms untouched, eliminate…
Meta agreed to a landmark proposed settlement of up to $17 billion to resolve state litigation regarding child safety. The deal mandates strict teen usage limits, nighttime bans, and robust age verif…
Meta settled a major youth social media lawsuit for $18 billion over ten years, clearing a key legal overhang. Analysts view this resolution positively, noting that teenagers account for just 1% of r…
Meta Platforms agreed to settle a massive child safety lawsuit with over 40 states for up to $17 billion over 10 years. Meta will introduce major teen protections, screen time limits, and stricter ag…
Meta faces a youth-safety settlement approaching $18 billion with state regulators, requiring teen usage restrictions. Despite recent free cash flow compression from heavy AI capital expenditures, Me…
Meta Platforms reached a massive $17–18 billion settlement with 48 states and DC over teen social media usage, introducing daily usage limits. Simultaneously, Meta launched Muse Voice Transcribe via …
Meta agreed to an $18 billion settlement with 48 U.S. states and D.C. over teen mental health and addiction claims. Instagram will impose usage limits and nighttime shutdowns for teens, resolving cla…
Political initiatives in California target youth smartphone use, while Meta faces a $567 million court ruling demanding strict changes to Instagram and Facebook safety features for young users.
Meta settled teen-safety lawsuits with U.S. states by agreeing to new usage limits and parental controls. Additionally, Meta's 9.98% stake in Jio Platforms was highlighted ahead of Jio's ₹37,700 cror…
Meta Platforms agreed to an $18 billion, 10-year settlement with U.S. states addressing youth-safety claims, implementing teen usage restrictions. Meta shares edged 0.3% higher in premarket trading d…
Meta Platforms is in settlement talks with US states regarding allegations that its platforms are designed to be addictive to minors. This signals potential progress in resolving significant legal he…
Meta agreed to an $18 billion settlement to resolve claims regarding addictive design for minors on its platforms. While this removes legal uncertainty and leaves the core ad business intact, it intr…
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 Platforms fell nearly 1% after agreeing to pay up to $18 billion in a multibillion-dollar youth-safety settlement with U.S. states. This settlement includes usage limits for teenagers and expand…
META reached a landmark teen-safety settlement that analysts view as significantly less punitive than feared, removing a major legal overhang. Rosenblatt raised its price target to $886, citing a man…