CA AG Rob Bonta talks Meta landmark $18 billion settlement & platform changes
Summary
California Attorney General Rob Bonta has announced a landmark $18 billion settlement with Meta, resolving a multistate lawsuit accusing the tech giant of fueling social media addiction and using deceptive practices. Bonta, who co-led the case, stated that the agreement was reached quickly due to strong evidence, including Meta's internal documents. The settlement requires Meta to pay the amount over 10 years and implement significant changes to its platforms, such as strict time limits, nighttime blackouts, and age-verification tools. Bonta emphasized that the funds will be used to mitigate harm to children's mental health. Meta has denied the allegations, stating that the settlement does not include an admission of wrongdoing.
(Source:Katv)