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Settles Landmark Social Media Addiction Lawsuit, Averting Trillion-Dollar Penalty with Up to $18 Billion Payout","url":"https://stock-news.laohu8.com/highlight/detail?id=1162977510","media":"Deep News","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/1162977510?lang=en_us&edition=fundamental","pubTime":"2026-08-27 00:09","pubTimestamp":1787760590,"startTime":"0","endTime":"0","summary":"Meta has reached a settlement with multiple U.S. states over the \"social media addiction\" lawsuit, marking the end of a federal trial that had been underway for nearly two weeks.On Wednesday, 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consumer-protection laws.The lawsuit also alleged Meta violated the Children's Online Privacy Protection Act by collecting, retaining and using personal data from children under 13 without proper parental consent.WHO BROUGHT THE CASE?The federal trial included consumer-protection claims by California, Colorado, Kentucky and New Jersey. 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Stock Rises After Child-Safety Settlement - and Looks Poised to Head Even Higher from Here","url":"https://stock-news.laohu8.com/highlight/detail?id=2662748994","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2662748994?lang=en_us&edition=fundamental","pubTime":"2026-08-26 23:00","pubTimestamp":1787756400,"startTime":"0","endTime":"0","summary":"The company's agreement with state officials removes a cloud that was hanging over the stock, an analyst saysA lawsuit accused Meta of designing Facebook and Instagram in ways that would \"entice\" 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