finance.yahoo.com

Meta to Pay $12.7B in Teen Safety Deal Tied to Rivals' Safeguards

Meta Platforms (Facebook) logoMeta Platforms (Facebook)
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Meta will pay 70% of a multistate teen safety settlement, about $12.7 billion, guaranteed over the next decade, with the remaining $5.3 billion released only if TikTok and YouTube adopt similar safeguards. Requirements include a one-hour daily time limit, night mode, and stronger age assurance. California AG Rob Bonta said the fight will continue across social media.

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