Meta agrees to $17 billion bribe to settle state regimes’ frivolous lawsuit

Source: Politico

“Meta has reached a tentative $17 billion settlement with nearly all U.S. states that would also see the social media giant make sweeping changes to dramatically restrict minors’ access to Instagram and Facebook, the California Department of Justice announced Wednesday. The pending agreement is a monumental concession without precedent by one of the world’s wealthiest and most powerful tech companies. It would end a pivotal trial over claims brought by California and more than two dozen other states that Meta intentionally hooked kids on its platforms, while misleading users about their potential harms. The deal would also resolve claims brought by other states and some U.S. territories in different proceedings.” (08/26/26)

https://www.politico.com/news/2026/08/26/meta-kids-safety-features-settlement-01050418