yoteki

Meta agrees to $18bn settlement to end landmark lawsuit with 29 US states

The Guardian · first seen 29.08.2026

Meta has agreed to an $18 billion settlement with 29 US states over allegations that Facebook and Instagram harm children, though critics argue the financial penalty has not diminished the company's market power.

  • Meta agreed to an $18 billion settlement with 29 US states.
  • The lawsuit centered on allegations that Facebook and Instagram harm children.
  • Meta's stock price rose following the settlement announcement.

Sources

Also in the feed that day