Meta waved a white flag on Wednesday in a long-running battle over claims it used deceptive tactics to get teens addicted to social media, reaching a roughly $18 billion settlement agreement and pledging to make sweeping changes to Facebook and Instagram to address teen safety.
Meta has reached a settlement with US states in an $18B lawsuit accusing the social media giant of deliberately making Instagram addictive to teenagers. The money will be used to fund youth safety initiatives and more, though there is a catch.
