Meta Teen Social Media Settlement Brings Platform Overhaul and $17bn Penalty
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4 Articles
Meta Teen Social Media Settlement Brings Platform Overhaul and $17bn Penalty
Meta’s teen social media settlement, finalised after a landmark trial that had Mark Zuckerberg set to take the stand before a jury, will reshape how Facebook and Instagram work for users under 18 and funnel billions of dollars into child safety programmes across the United States. The deal, approved by US District Judge Yvonne Gonzalez [...]
Meta agreed to pay $17.1 billion to resolve lawsuits in the United States about the impact of Facebook and Instagram on minors, without admitting guilt. The funds will go to states for mental health. In addition, the company will implement restrictions for children under the age of 18, including daily limits, night blockades and reduction of notifications, although it will keep recommendations and personalized advertising.
A few weeks ago, the press reported on a “historic” settlement agreement between Meta Platforms, the company that operates Instagram and Facebook, and the US states that sued it. The states sued Meta in a federal court in California for intentionally designing its social media algorithms...
BEHIND THE ALGORITHM: Meta’s $17 billion settlement leads to new changes for youths on social media
3,400 private jets. 150 luxury apartments. Four Major League Baseball teams. These are just some of the assets someone could buy with $17 billion. That amount is also the settlement Meta opted to pay on Wednesday, Aug. 26, following the unprecedented federal trial in Oakland, California, challenging the tech giant’s unauthorized collection of data from minors and the platform’s alleged contribution to the youth mental health crisis. Behind the…
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