Meta Platforms will pay up to $18 billion to settle a lawsuit from a group of state attorneys general, who alleged its social media apps Facebook and Instagram were addictive to children. The tech giant also announced several safety features it will add to its app as part of the settlement. Meta (META) stock climbed nearly 2% to 586.48.
Bankomat
Meta Stock Rises As $18 Billion Social Media Trial Settlement Addresses 'Major Overhang'
News | 2026/08/26 13:37
Meta will pay up to $18 billion for apps that allegedly caused addiction in children
Share
Read also
NewsNew Center of Yerevan: How Urban Development Projects are Changing the Capital
August 31, 202620:48
NewsLydian Armenia to Allocate $7-9 Million for Development of Communities Around Amulsar
August 31, 202620:02
NewsSalary more than just income: how to turn it into financial tool with IDBank
August 31, 202620:02
NewsPashinyan and Aliyev Discuss Peace, Delimitation, and TRIPP
August 31, 202620:01