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Youth Social Media

1 GoKawiil brief on this topic

Cramer: Meta's $18B youth-safety settlement is a win, not a loss

Jim Cramer said Meta's $18 billion settlement with attorneys general over youth social media addiction claims is a favorable outcome for the company, ending a federal trial that could have exposed Meta to $200 billion in fines. Under the deal with 48 states, D.C., and three territories, Meta agreed to daily time limits, better parental controls, age-verification tools, and fewer notifications during school hours for young users.