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Meta’s settlement will compel others to bend the knee and set up teen guardrails

Source: The Guardian Business - Published: 27 Aug 2026 01:20

Instagram and Facebook’s parent company agreed to sweeping alterations and a payment of upto $18bn to settle a landmark trialMeta’s agreement to change how teenagers use its social networks marks a major turning point for the US tech giant, setting a precedent that could significantly reshape how other social media operates in the coming years.Meta agreed to substantial alterations to Instagram and Facebook on Wednesday as part of a settlement to end a landmark lawsuit. Dozens of US states had accused it of addicting and harming children with dangerous products. The company also agreed to pay up to a combined $18bn over a decade to several US states and territories involved in the suit. Continue reading...