Meta settles closely watched social media addiction lawsuit for $18B

· Siliconangle · Aug. 26, 2026, 8:32 p.m.
News apps instagram Meta Social Media Meta lawsuit legal settlement
Summary
Meta has agreed to pay $18 billion to settle a lawsuit accusing it of causing addiction among children on its platforms, Facebook and Instagram. The lawsuit was led by 29 attorneys general from various states and territories.
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