Meta could pay up to $16.7 billion to settle allegations that its social media platforms are addictive.
MoneyWatch
By
Mary Cunningham
Reporter, MoneyWatch
Mary Cunningham is a reporter for CBS MoneyWatch. She previously worked at "60 Minutes," CBSNews.com and CBS News 24/7 as part of the CBS News Associate Program.
Meta Platforms has agreed to pay up to $16.68 billion to settle a social media addiction lawsuit involving 29 states, while…
The settlement came after testimony Tuesday by Instagram head Adam Mosseri. Facebook’s Mark Zuckerberg had also been expected to…
The federal lawsuit was brought by the attorneys general of 29 U.S. states.
The social media giant had been embroiled in a lawsuit with US states over its role in keeping teenagers addicted to social media.
Meta will pay $16.7 billion to settle a lawsuit brought by 29 state attorneys general over the mental health risks posed to…
States brought the suit against the social media giant in 2023. Meta agreed to make changes to its platforms as part of the…
