OAKLAND, California, Aug 26 : Meta Platforms will pay up to $18 billion over the next decade and strictly limit how teenagers use Facebook and Instagram, under an agreement with nearly all U.S. states to resolve claims it designed those social media platforms to addict children.The settlements announced on We

Meta has agreed to a massive settlement in a lawsuit over how it intentionally designed Instagram and Facebook to addict children.

Meta has agreed to pay up to $18 billion and add stronger child-safety measures to its Facebook and Instagram platforms as part of a landmark legal settlement. The deal announced…