Meta to pay $16.68 billion and add child protections, Benny Johnson confirms

Meta to pay $16.68 billion and add child protections, Benny Johnson confirms
Meta settles for $16.68 billion over lawsuit

Benny Johnson reports that Meta has agreed to pay a $16.68 billion settlement in a lawsuit alleging its platforms target and harm children.

According to the report, Meta will implement several new protections for children, including turning off app access at night by default and setting a two-hour daily time limit.

Benny Johnson has previously reported on corporate developments and financial shifts. He noted that NIKE shares fell 78 percent from highs, erasing $200 billion in market value and hitting a new 12-year low. Johnson also covered Senator Rand Paul's visit to Fort Knox, where 147 million ounces of gold were confirmed to remain on site.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.