How Meta’s $18 billion court agreement will change Instagram and Facebook forever
Meta recently agreed to a settlement worth roughly $18 billion, announcing that it will go toward funding youth online safety initiatives and other priorities decided by participating states, and a bipartisan group of 52 attorneys general across US states, territories, and the District of Columbia. Apart from the changes that will be coming to both Instagram and Facebook, the agreement will also establish an independent social media research foundation. The Mark Zuckerberg-led company will also share consented user data with the foundation to advance independent research into teen well-being and grow our collective understanding of how to best support teens online.
Financial details of Meta’s settlement
