The historic settlement may change the future of social media. It may mean little for the teens at the heart of the lawsuit.
Bloomberg/Getty Images; Getty Images; Tyler Le/BI
The winners and losers of Meta's $18 billion settlement
The historic settlement may change the future of social media. It may mean little for the teens at the heart of the lawsuit.
Bloomberg/Getty Images; Getty Images; Tyler Le/BI
By Amanda Hoover
Meta Platforms has fought one of its biggest court battles to an expensive draw. But lawyers scrutinizing Wednesday’s $18 billion…
While the headline figure is among the largest ever settlements paid by a technology company, it is unlikely to strain a business…
Meta pays under 1% of a year's revenue and admits no wrongdoing. US teens get new controls. Rivals TikTok and YouTube to face…
Meta has agreed to a landmark settlement over allegations that its platforms harmed children and teenagers - raising a much…
The deal was reached during a California federal court trial over claims brought by 29 states, averting one of the…
Some analysts applauded Meta for executing a shrewd business move that may force its competitors to impose similar restrictions.
