…$18 billion" will be used to resolve state privacy claims against the company, and fund youth safety online initiatives. Participating states will receive roughly $12.7 billion, or 70% of the settlement, in annual installments over a 10-year period. But Meta said in a statement that the remaining 30% of the payment, ab…

…Tuesday in a federal court in Oakland, California, has placed Meta’s product design, youth safety policies, algorithms and handling of children’s personal data under intense scrutiny. At the centre of the case are allegations that Meta deliberately designed Facebook and Instagram to make young users spend more time on…