Meta is to pay up to $18bn to settle claims brought by US states alleging that its platforms harm children.
The agreement was reached during a federal court trial in California. The case centred on allegations made by US states about the impact of Meta’s platforms on young users.
The settlement amount is described as being worth up to $18bn, making it a substantial resolution to the claims at the centre of the proceedings.
The material supplied does not specify which US states were involved, which Meta platforms were covered by the claims, or whether the settlement includes any non-financial commitments.
The latest known position is that a deal has been reached while the California federal court trial was under way, resolving the claims on the terms reported.
