Meta Platforms (META) has agreed to a settlement of up to $17.1 billion, implementing significant changes to Facebook and Instagram in response to allegations of encouraging addictive use among minors. The agreement, announced on Wednesday by a bipartisan coalition of state attorneys general, is pending court approval.
Key provisions of the settlement include a default two-hour daily usage limit for users under 18, overnight restrictions on notifications, a ban on displaying like and reaction counts for underage users, and prohibitions on cosmetic-procedure filters. Additionally, the settlement ensures enhanced age-assurance measures to remove children under 13 from the platforms and mandates compliance oversight by an independent auditor.
The lawsuit, filed in 2023, accused Meta of misleading families about safety risks, unlawfully collecting data from children under 13, and designing its platforms to encourage excessive use. Meta has denied any wrongdoing.
5 Stocks Our Experts Predict Could Double In the Next Year
By submitting your email, you'll also get a free pivot & flow membership. A free daily market overview. You can unsubscribe at any time.








