Meta settles child addiction case for $18 billion, keeping $60 billion ad model intact
Meta has reached an $18-billion agreement to resolve claims from US states that its platforms, Facebook and Instagram, are built to get children hooked. According to Reuters, the settlement leaves the company's ad targeting and personalized feed systems—which generated $60 billion in revenue last year—completely unchanged. Analysts noted that this deal allows Meta to bypass a long court battle that might have revealed further details regarding how the company handles its younger audience.
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