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Meta settles federal trial over claims Facebook, Instagram addict children
Developing
Meta said Wednesday that the agreement builds on its existing efforts to protect teens and give parents more control over their children’s use of its platforms. GET FOX BUSINESS ON THE GO BY CLICKING HERE "For meaningful progress to happen, we urge TikTok and YouTube to join us and state attorneys general in adopting this new standard, to ensure teens use social media in a healthy and responsible way," Meta said.
META, OTHER COMPANIES MUST FACE THOUSANDS OF LAWSUITS OVER CHILD SOCIAL MEDIA ADDICTION, APPEALS COURT RULES "Ensuring teens have a safe and productive experience on our platforms is an absolute imperative for Meta," the company said.
Meta will lay off around 8,000 workers, the company said in a memo to employees. (Arda Kucukkaya/Anadolu via / ) Meta will pay at least $12.1 billion over 10 years under the agreement, according to the D.C. attorney general’s office.
The company could be required to pay another $5 billion, bringing the settlement to $17.1 billion, if other major social media companies agree to adopt comparable child-safety measures.
What's confirmed
What's still developing
- Meta said Wednesday that the agreement builds on its existing efforts to protect teens and give parents more control over their children’s use of its platforms.
- Meta will lay off around 8,000 workers, the company said in a memo to employees. (Arda Kucukkaya/Anadolu via / ) Meta will pay at least $12.1 billion over 10 years under the agreement, according to the D.C. attorney…
- The company could be required to pay another $5 billion, bringing the settlement to $17.1 billion, if other major social media companies agree to adopt comparable child-safety measures.
- META, OTHER COMPANIES MUST FACE THOUSANDS OF LAWSUITS OVER CHILD SOCIAL MEDIA ADDICTION, APPEALS COURT RULES "Ensuring teens have a safe and productive experience on our platforms is an absolute imperative for Meta,"…
- GET FOX BUSINESS ON THE GO BY CLICKING HERE "For meaningful progress to happen, we urge TikTok and YouTube to join us and state attorneys general in adopting this new standard, to ensure teens use social media in a…
Sources
- Fox Business — source text fetched for this pass link