Meta’s settlement will compel others to bend the knee and set up teen guardrails

Meta (the company that owns Instagram and Facebook) agreed to make major changes to how teenagers use its platforms and pay up to $18 billion over ten years to settle a lawsuit from US states. The states had accused Meta of creating addictive social media products that harm children, and this settlement is expected to set a precedent (an example that influences future decisions) that will push other social media companies to implement similar protections for young users.