Meta settles U.S. teen-addiction suits for up to $18 billion, core ad model preserved
Meta Platforms has reached a settlement with nearly all U.S. states to resolve claims that it designed Facebook and Instagram to addict children. The deal, which denies wrongdoing, could require Meta to pay up to $18 billion over ten years and to impose limits on teenage use of its services. The settlement leaves the company’s personalized feeds an…