Four days into trial, Meta settled with the states suing it for allegedly misleading the public about the risks of excessive social media use by teens.
The settlement could reach $16.7 billion -- with 30% of the total contingent on actions by its competitors -- and requires the company to implement a series of new teen safety measures, including daily time limits on its platforms, Instagram and Facebook.
"This is a groundbreaking settlement for social media litigatio...
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