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Meta settles youth safety lawsuit with 47 US states and territories

The social media giant faces potential payments of up to $17.1 billion and is calling on rivals to adopt similar standards.

The short version

  • Meta has reached a settlement with 47 US states, districts, and territories over concerns regarding youth safety on its platforms.
  • The agreement could require Meta to pay up to $17.1 billion and implement significant modifications to its applications.
  • Meta has launched a major ad campaign calling on competitors like TikTok and YouTube to adopt the same safety standards.

Key facts

  • Meta reached a settlement addressing youth safety concerns with 47 US states, as well as several districts and territories.[The Verge]
  • The terms of the settlement could require Meta to pay up to $17.1 billion and make a series of changes to its apps.[The Verge]
  • Following the settlement, Meta published open letters as full-page advertisements in major newspapers, including The New York Times, Los Angeles Times, and Washington Post, urging rival platforms to match its new safety standards.[The Verge]

Sources