Meta reaches $18 billion of settlements over children's social media addiction

Aug 26 : Meta Platforms agreed to make major changes to Facebook and Instagram and pay up to $18 billion to resolve claims by most U.S. states that it designed those platforms to addict children and misled consumers about their safety.The settlements announced on Wednesday end a federal trial that had been one of the highest-profile tests of allegations that social media companies harm children.While Meta will not undergo a fundamental overhaul, the accords represent a sweeping effort to define how it serves young users.“The focus of this case was to protect our kids," Colorado Attorney General Phil Weiser said in a statement. "The relief we are getting in this settlement is very meaningful and well beyond what any court has ordered or is likely to order." Meta agreed for the next decade t