Meta to pay up to $17.1 billion, overhaul Instagram and Facebook for teens
Meta has agreed to pay as much as $17.1 billion and change how Instagram and Facebook operate, settling claims from 47 states, D.C. and U.S. territories that its platforms were built to addict and harm children. About $12 billion is due upfront, with the rest contingent on Snap, TikTok and YouTube accepting similar penalties and reforms.