Meta to pay up to $17.1 billion in historic settlement over children's social media safety

Meta has agreed to a record-setting settlement of up to $17.1 billion to resolve a years-long legal battle regarding children's social media safety in the United States. Announced by Tennessee Attorney General Jonathan Skrmetti, the deal will implement changes to Instagram and Facebook for young users. Australian regulators suggest this decision to limit teenagers' access demonstrates the ability of companies to enhance youth protection online, opening a new front in the global fight against social media harm.