Meta settles for 16.68 billion over child damages

Meta has offered a settlement of up to $16.68 billion regarding claims that it designed Facebook and Instagram platforms in a way that fosters addiction among children and misleads users about their safety. The settlement also includes implementing daily and nightly usage limits for children to prevent access to inappropriate content. Additionally, $459.3 million will be paid to compensate for privacy-related lawsuits, particularly the Cambridge Analytica scandal. This settlement comes amidst a broader wave of lawsuits accusing Meta of violating consumer protection and children's privacy laws, revealing that the company was aware that its platforms could harm the mental health of young users.

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