tech

Meta to Pay Up to $16.68 Billion to Settle Landmark Child Safety Social Media Case

Home Alone and Rocky Horror Picture Show star Tim Curry dies aged 80

Meta to Pay Up to $16.68 Billion to Settle Landmark Child Safety Social Media Case

TL;DR

  • Meta to pay up to $16.68 billion to settle a child safety case with 29 US states.
  • The settlement resolves claims that Meta deliberately made its social media apps addictive for children.
  • New rules for teenage users include default daily time limits and night-time blocks.
  • Meta will also enhance age verification checks and parental control tools.
  • Meta denies wrongdoing as part of the settlement, which includes a $2.2 billion payment to California.
  • Meta shares rose 4.7% following the news of the settlement.