Meta agrees to pay up to $18bn in settlement over social media harms to children

BusinessDay | 26-08-2026 08:45pm |

Meta Platforms has agreed to pay up to $18 billion to settle a landmark multistate lawsuit. The lawsuit accused Facebook and Instagram of causing social media harms to children. The settlement is one of the largest in U.S. history regarding social media-related issues. The agreement aims to address allegations that the platforms contributed to mental health problems among young users.

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