Social media giant Meta agreed to pay $18 billion in a massive settlement on Wednesday. But the money is only the beginning. The parent company of Facebook and Instagram promised to change how it addresses teen usage in addition to the payout – and tied the final $5.3 billion to a massive caveat. YouTube and TikTok must make the same changes and pay their own $5.3 billion. It’s the largest settlement by a tech firm in the US and a seismic event in the world of social media.
Meta Money Matters
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