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$17B settlement between Meta, states also comes with new safeguards for teens
Developing
That said, Meta has entered into this particular settlement. This settlement the judge has just signed off on would resolve most of the state lawsuits but not individual, personal injury lawsuits like Hinks or lawsuits brought by school districts.
He said he's been seeing legislative progress in a number of states but not at the federal level across Republican and Democratic administrations. This settlement just a fraction of that, but Hinks said $17 billion is still a lot.
At a press conference this morning, Bonta said the deal wouldn't have been possible without the lawsuit. (SOUNDBITE OF ARCHIVED RECORDING) ROB BONTA: They didn't agree voluntarily out of the goodness of their heart. We, therefore, call on our industry peers, TikTok and YouTube, to implement this new framework right away.
What's confirmed
- That said, Meta has entered into this particular settlement.
- He said he's been seeing legislative progress in a number of states but not at the federal level across Republican and Democratic administrations.
- At a press conference this morning, Bonta said the deal wouldn't have been possible without the lawsuit.
What's still developing
- At a press conference this morning, Bonta said the deal wouldn't have been possible without the lawsuit. (SOUNDBITE OF ARCHIVED RECORDING) ROB BONTA: They didn't agree voluntarily out of the goodness of their heart.
- He said he's been seeing legislative progress in a number of states but not at the federal level across Republican and Democratic administrations.
- This settlement just a fraction of that, but Hinks said $17 billion is still a lot.
- This settlement the judge has just signed off on would resolve most of the state lawsuits but not individual, personal injury lawsuits like Hinks or lawsuits brought by school districts.
- That said, Meta has entered into this particular settlement.
- We, therefore, call on our industry peers, TikTok and YouTube, to implement this new framework right away.