Meta Settles Lawsuit with State Attorneys General Over Children's Safety Concerns
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The lawsuit that Meta settled this week was brought by a bipartisan coalition of state attorneys general, who argued that Meta endangered children and teens with its social media apps like Instagram and Facebook. As part of the settlement, the company agreed to make substantial changes to its products in addition to paying billions of dollars in penalties.
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BBC BusinessThis week, Meta announced new restrictions on its platforms - which include Instagram, Facebook and Whatsapp - as part of an $18bn (£13.25bn) settlement with US states in a lawsuit on social media's effects on children.
Washington Times BusinessOAKLAND, Calif. — Meta has agreed to pay $17 billion and add child-safety measures to its Facebook and Instagram platforms to end a landmark trial over teen social media addiction and settle claims filed by 47 states, state attorneys general announced Wednesday.
New York Post BusinessMeta has reached a landmark settlement imposing sweeping new restrictions on how teens use Facebook and Instagram — and it’s hoping other social media companies will follow suit with similar standards.
FortuneMeta has agreed to pay up to US$17 billion over 10 years to settle claims brought by a bipartisan coalition of state attorneys general. The states argued that the company deliberately designed Facebook and Instagram to hook children into using its apps, misled the public about the harm and improperly collected data from children under 13.
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"All platforms should empower parents and support teens in these ways because we know that when teens are restricted on one app, they simply move to another," Meta said.
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New York Post BusinessThe concern, of course, has been that if Meta is restricted while other platforms are not, teens will simply leave Instagram when their evening limit hits and move to another app.
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Instagram and Facebook's billions of users provide the company with a goldmine of data, and the data of adults can be used to sell ads.
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01 CNBC The rapid rise of artificial intelligence giants like OpenAI and Anthropic has exacerbated a deep malaise toward the tech sector, especially among people who have come to associate AI with job loss and now see outsized data centers rising up in their backyards. The last generation of technology, meanwhile, ushered in a cohort of social media apps that proved so addictive that Meta agreed to fork over up to $17 billion as part of a landmark settlement this week.
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02 BBC Business Published For Elizabeth Cardner, a mother of two girls in Houston, Texas, Meta's new limits on how teenagers can use its platforms are a welcome sign that more people are aware of social media's potential dangers.
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03 Fortune What the states alleged The Oakland case consolidated lawsuits filed in 2023 by 29 state attorneys general following a nationwide investigation that began in 2021.
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04 Washington Times Business “While this is a landmark settlement, Congress still needs to step up and regulate Big Tech,” said Sen. Richard J. Durbin of Illinois, the top Democrat on the Judiciary Committee.
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05 New York Post Business Interestingly, the settlement is structured to create incentives for the 52 state attorneys general to reach similar deals with rival social networks.
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06 National Review Economy An Unsatisfactory Settlement What rules should govern our online digital lives? What rights do we have as digital citizens? The Meta settlement raises more questions than it answers.
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