Meta's $18 Billion Settlement: A Glimmer of Hope in the Dark World of Social Media? Meta has agreed to pay up to $18 billion to settle a case related to child safety on Facebook and Instagram.
This settlement is a stark reminder of the company's past missteps, particularly when it comes to its younger users. For years, Meta has been accused of prioritizing profits over people.
The sheer scale of the payout is staggering: 48 states, plus the District of Columbia and three US territories, will receive a share of the funds.