Last week the massive lawsuit against Meta, alleging that its products were designed to addict teens and may have caused them mental harm, went to court. Backed by dozens of US States, the potential $1.4 trillion price tag — if Meta lost — would have been enough to bankrupt the company.
That case is now, suddenly, over. Settled for the princely sum of $18 billion and promised fundamental changes in how Meta's major products, namely Instagram and Facebook, operate when used by anyone under 18. I'll get to the proposed changes below (which Meta would like to see YouTube and TikTok adopt, too), but first let's talk about the stunning turn of events.