Meta agrees to US$16.68b settlement over child safety failures on Facebook, Instagram

KUALA LUMPUR – Meta Platforms has agreed to pay up to US$16.68 billion (RM67.22 billion) and introduce major changes to Facebook and Instagram to settle claims by US states that the platforms were designed to encourage addictive use among children, misled users about safety measures and improperly collected minors’ personal data. The settlement resolves claims filed by 29 US states and brings an…