YOU WONT BELIEVE: 12 | Mind Blowing Facts

Meta Pays up to $17 Billion To Avoid Zuckerberg Testifying, as Facebook and Instagram Lock Teens Out Overnight

Meta has agreed to a $17.1 billion settlement imposing strict limits on teen use of Facebook and Instagram, avoiding CEO Mark Zuckerberg's court testimony. The deal awaits court approval.

International Business Times UK · Aug 26

Meta-morphosis: FB puts kids on digital detox after coughing up $ 17.1 billion in settlement

The TOI correspondent from Washington : For years, Facebook, Instagram, Tik-Tok, YouTube and other social media majors have laid out something like an all-you-can-eat binge buffet for teenagers: unlimited scrolling, notifications at all hours, and a boundless appetite for engagement.

The Times of India · Aug 26

After Meta's $16 billion settlement, changes are headed to Facebook, Instagram for being addictive

Many U.S. states say Meta's social media platforms have "harmed" younger users with addictive tendencies, and after a huge $16 billion settlement, change is coming.

Android Central · Aug 26

Five changes coming to Instagram and Facebook after Meta settlement

Here are the biggest changes Meta has agreed to make across its platforms as part of a $17 billion settlement with 29 states

The Independent UK · Aug 26

Meta shares hit 5% intraday high after $16.68 billion settlement over alleged harm to young users

Meta shares hit a 4.96% intraday high after the company agreed to pay up to $16.68 billion to settle claims that Facebook and Instagram harmed young users. The settlement covers claims by 29 US states and requires Meta to introduce usage limits and stronger safeguards for children on its platforms.

The Economic Times · Aug 26

Meta's $17.1 billion settlement will be over 12-times larger than the second largest big tech privacy settlement in the past four years

The settlement is just 1.17% of Meta’s $1.46 trillion market cap.

Fortune · Aug 26

Meta to pay Texas $1 billion in child safety case

As part of Texas’ settlement, the tech giant behind Facebook and Instagram will apply stricter age verification measures and institute a daily two-hour limit for teens.

The Texas Tribune · Aug 26

Meta reaches $17 billion settlement with US states over social media harm to teens

Meta Platforms on Wednesday agreed to pay $17 billion to settle claims, filed by 47 US states, that the company designed Facebook and Instagram to deliberately make teens addicted to their products while deceiving the public, according to state attorneys general. The company agreed to add child-safety measures as part…

France 24 · Aug 26

Meta agrees to pay $17bn in landmark US child-safety settlement deal

The tech giant agreed one of the largest consumer protection settlements in US history, ending a trial that could have put Zuckerberg on the stand.

Euronews · Aug 26

Everything that will change on Instagram and Facebook after bombshell court settlement

Other sites such as YouTube, TikTok and Snapchat could be required to introduce similarly dramatic changes

The Independent UK · Aug 26