On the 26th local time, the US “Yuan” company, also known as Meta, reached a social media addiction lawsuit settlement agreement with many US states, including California. “Yuan” will pay settlements to the states that have filed lawsuits. According to a statement issued by the California Attorney General's Office on the 26th, the “Yuan” company agreed to pay a total settlement of up to 17 billion US dollars to each state filing the lawsuit within 10 years. The settlement agreement is subject to court approval. California Attorney General Rob Bonta said on the same day that “Yuan” also agreed to make major changes to its social media photo wall and Facebook to reduce the risk of social media harm to children and young people. These include setting a default daily usage limit and nighttime usage limit for social media, which only parents can remove; restricting push notifications during school time and at night; discontinuing the number of likes on posts from teenagers and children; and strengthening the identification and removal of children under 13 on social media.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.