Meta to pay $12.6B to settle social media addiction case with US states: Report
Proposed deal with 29 states would impose teen usage limits, nighttime restrictions and stronger age checks, CNBC reports
WASHINGTON (MNTV) — Meta has agreed to pay $12.6 billion to settle a federal case brought by a coalition of 29 US states accusing the technology giant of misleading the public about the potential mental health harms its social media platforms pose to children, CNBC reported Wednesday.
Under the proposed consent judgment, Meta would be required to introduce daily usage limits and nighttime restrictions for teenage users of platforms including Facebook and Instagram, according to the report.
The company would also strengthen age-verification measures and provide additional tools for parents and guardians to monitor and manage young users’ activity.
CNBC reported that 7% of the settlement amount would be paid immediately, with the agreement disclosed in a court filing during the second week of a federal trial in California.
The case was co-led by California Attorney General Rob Bonta and the attorneys general of Colorado, New Jersey and Kentucky on behalf of the 29-state coalition.
The litigation stems from a 2023 lawsuit accusing Meta of misleading the public about risks associated with Facebook and Instagram and their impact on young users.