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International Business Times

Meta's $18 Billion Settlement Could Be The First Step In The Overhaul Of Other Social Media Platforms

Meta TikTok Rob Bonta

Meta settles lawsuits filed by state attorneys general across the country. (Credit: FABRICE COFFRINI/AFP via Getty Images)

Meta agreed this week to make massive changes to its platforms to protect children and pay $18 billion in damages to settle dozens of lawsuits filed by state attorneys general across the country.

The agreement comes after Meta lost a lawsuit filed by New Mexico. In that case, the company was ordered to pay $375 million in penalties, and an additional $567 million to set up a fund meant to address the mental health issues in children the company has helped cause.

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