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Meta's $18 Billion Settlement Could Reshape Social Media Stocks
Zacks Investment Research·
Meta agreed to pay approximately $18 billion over 10 years to settle claims that Facebook and Instagram were designed to be addictive to children and teens. The settlement includes stricter youth-safety safeguards but leaves Meta's core advertising model largely intact. The deal may increase regulatory scrutiny of competitors like YouTube, TikTok, and Snap, potentially creating industry-wide standards for youth protection.
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