Meta agrees to pay $18 billion to settle US lawsuits over children’s social media addiction

Meta agreed over the next decade to restrict teenagers’ use of Facebook and Instagram to two hours a day and block all usage from midnight to 6 am, absent parental consent.

OAKLAND, California, Aug 26 (Reuters) - Meta Platforms (META.O), opens new tab will pay up to $18 billion over the next decade and strictly limit how teenagers use Facebook and Instagram under an agreement with nearly all US states to resolve claims it designed those social media platforms to addict children.