Meta agrees to pay up to $16.7bn to settle social media case

The deal has been reached during a California federal court trial over claims brought by 29 states.

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BBCSky

Meta agrees to pay up to $16.7bn to settle social media case

Update summary

What changed in this update

Meta has agreed to pay up to $16.68bn (£12.26bn) to dozens of US states to settle claims that its social media platforms harmed children.

Event intelligence

Meta social media addiction settlement with U.S. states

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Current state

Meta has reached a settlement during a California federal court trial to resolve U.S. states' claims that its social media platforms are addictive and harmed children, with reported terms including a payment of up to about $16.6–$17.1 billion and product or safety changes.

Grounded in 5 reports across 4 sources

In this event Meta settles social media addiction suit for up to $17.1 billion Earlier coverage

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