⚖️ META AGREES HISTORIC $16,700M PAYMENT AND NEW RESTRICTIONS FOR MINORS 📱
Meta Platforms reached a multibillion-dollar agreement worth $16,700 million with dozens of U.S. states to resolve the massive lawsuits ruled in Oakland over the addiction of minors to its social networks.
🔍 Key Points of the Agreement:
New Safeguards: The company will implement automatic restrictions for users aged 13 to 17, including overnight blocks, daily usage limits, and pausing notifications during school hours.
Market Impact: Despite the cost of the deal, the resolution removes uncertainty from a trial that threatened higher fines, boosting Meta shares (META +1.84%).
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