com Meta settled just eight days into the trial in which plaintiffs plaintiffs accused the company of endangering children by intentionally addicting kids to Facebook and Instagram. And after brutal testimony from both a former Meta and an engineering director who testified that Meta put profits over safety with a don't ask, don't tell approach to kids under 13, along with a social psychologist who said kids who use social media are prone to more depression, self-harm and suicide. The tech company capitulat ...

How sort of contingent is the success of this initiative on the parents buying in to what Met has agreed to do. >> Yeah, I I think very contingent and I think it in this country, you know, one of the things that is paramount is that parents do and always will have uh the best interests of their children at heart and that the government should be doing everything in its power to give parents the tools to be able to raise their children in the way that they want. And what we see with social media platforms is ...

Meta settled its latest kids online safety trial today and it agreed to implement age verification, two-hour usage limits, and pay 17.1% billion dollars to states. They're going to have to limit notifications during school hours and nighttime hours for teens. And also, they have to give teens the options to get rid of their personalized feed so that um in theory it might be a reverse crown feed.Addy, were there any others that stood out to you. I think that's the big ones. There are some like weird exceptio ...

We just got news that Meta won their lawsuit. Now, they didn't technically win. They actually settled.A settlement is when each party comes to an agreement and they make concessions and usually one side gets the better end of the agreement. In this case, the headlines look very scary. Met is paying out $18 billion into settlement.That's a lot of money. Plus, they're having to make lots of concessions and restrictions with childhood accounts. The headline numbers look scary.And in fact, many people may look ...

Meta's motives for making changes to protect young users aren't altruistic, but they are meaningful, @DaveLeeBBG says (via @opinion) https://t.co/O8o2UjSUFk ...

Two-hour usage limits, age verification, and a $17.1 billion payout: We're breaking down today's big settlement in Meta's kids online safety trial. Senior policy reporter Lauren Feiner and senior tech and policy editor Adi Robertson discuss how we got here, why Meta settled, and what this means for the ongoing conversation around teen mental health and social media. Subscribe: http://goo.gl/G5RXGs Like The Verge on Facebook: https://goo.gl/2P1aGc Follow on Twitter: https://goo.gl/XTWX61 Follow on Instagram: ...

♪ >> BLOOMBERG TECH'S LIVE FROM THE HEART OF SILICON VALLEY WITH ED LUDLOW IN SAN FRANCISCO. >> THIS IS BLOOMBERG TECH. META AGREES TO SETTLE ALIEN MARTIN SOCIAL MEDIA TRIAL. NVIDIA REPORTS AFTER THE CLOSING BELL TODAY. WHAT INVESTORS WILL BE LOOKING FOR INCLUDING MORE THAN $80 MILLION IN DATA CENTER REVENUE ALONE. AND WE STICK WITH DATA CENTERS AS WE ARE JOINED BY THE SOUTHERN COMPANY CEO TO DISCUSS THE AI BOOM AND ITS IMPACT ON THE AMERICAN GRID. THERE IS A TOP STORY OUT THERE AND IT IS META GOING TO SETT ...

CONTINUES RIGHT NOW. >> GOOD MORNING. IT'S 10 A.M. EASTERN AND 7 A. M.ON THE WEST COAST. I'M CHRISTINE ROMANS. LET'S GET YOU CURRENT BREAKING RIGHT NOW, THE PARENT COMPANY OF FACEBOOK AND INSTAGRAM SETTLING A LANDMARK SOCIAL MEDIA ADDICTION LAWSUIT PAYING $18 BILLION.JUST AS MARK ZUCKERBERG WAS SET TO TAKE THE STAND. WHAT WE KNOW ABOUT THE TERMS. ALSO BREAKING DISASTER ON THE NEPAL-CHINA BORDER.DESTRUCTIVE FLASH FLOODING WITH HUNDREDS MISSING. CLOSING ARGUMENTS IN THE LINDSAY CLANCY TRIAL EXPECTED TOMORROW. ...

Please just start with your general reaction to the settlement and what you think it indicates. Yeah. So I think the first thing that needs to be mentioned is that this is a bipartisan settlement.And we see so frequently in Washington how politics gets in the way of leaders, um, taking bold actions to protect Americans and to do what is right for their constituents and the people. And so, uh, a huge thank you from the people of West Virginia. Um, you know, we worked a lot on this case, but the AGS, the Repu ...

president's executive order aimed at limiting mail-in ballots. A judge today cleared the way for that order to go forward, even as more than two dozen states banned together, suing the U .S. Postal Service in an effort to stop it.New York Attorney General Letitia James is one of those attorney generals suing. She's here for an exclusive interview. A .G.James, thank you so much for joining us. We are also going to discuss the new settlement with meta, which we will get to, but practically on that first matte ...