"Meta on Wednesday reached a landmark settlement with 47 states, the District of Columbia and U.S. territories, agreeing to pay up to $17.1 billion in penalties..."

"... and make major changes to its products over claims it endangered children with addictive social media platforms. In a dramatic capitulation, the owner of Facebook and Instagram agreed to the financial penalties for violating federal child privacy and states’ consumer protection laws, the states announced. Meta also agreed to limit how long teenagers can spend on its platforms and to bans on features that stoke mental health issues, striking at the heart of the company’s business of engagement for advertising.... Meta still faces numerous other lawsuits from school districts and individuals.... 'Meta wouldn’t settle unless it sees the writing on the wall and feels really exposed,' said Nora Freeman Engstrom, a law professor at Stanford University."

I'm reading "Meta to Pay Up to $17.1 Billion in Landmark Settlement Over Social Media Addiction Claims/The social media giant settled with 47 states, the District of Columbia and U.S. territories, and agreed to make major changes to its products over claims its platforms endangered children" (NYT gift link).