Meta to pay $16.68B in child lawsuit

Meta has demanded a payment of $16.68 billion to settle a lawsuit filed by US states, accusing the company of designing Facebook and Instagram platforms in a way that increases addiction among children and teenagers. The lawsuit also alleges illegal collection of personal data and misleading consumers about the safety of the platforms. The settlement came during a trial in California amid allegations of violations of laws protecting children and privacy. Meta agreed to impose restrictions on teen usage, such as setting daily limits and banning overnight use. The company denied any violations, while the states sought damages totaling hundreds of billions of dollars. This settlement is part of a series of lawsuits against social media companies concerning their impact on the mental health of children.

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