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26.08.26 - 18:06
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Meta Heads Toward $580 as a $17B Teen Safety Settlement Ends the Trial; Snap Falls 9% (24/7 Wall St.)
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Meta Platforms stock is up 1% to $575.60 at midday Wednesday after Meta Platforms (NASDAQ:META) agreed to a proposed multistate teen-safety settlement worth up to $17 billion, ending a federal trial that began days ago in Oakland. It's the only major social-media name in the green. Meanwhile, Snap (NYSE:SNAP) stock is down 9% to $5.42 ... Meta Heads Toward $580 as a $17B Teen Safety Settlement Ends the Trial; Snap Falls 9%...
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26.08.26 - 17:31
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Time Limits, ′School Mode′: Meta Agrees to Curb Kids′ Access (Bloomberg)
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Meta Platforms Inc. agreed to implement a raft of restrictions for teens on its Facebook and Instagram apps as part of a multibillion-dollar settlement with multiple US states on Wednesday. The landmark agreement requires the company to put new guardrails on Facebook and Instagram, including limits on how much time youths can spend scrolling and preventing them from switching off certain safety settings without parental consent....
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26.08.26 - 17:06
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Agentio Helps Graza Scale Creator Media Across YouTube and Meta (PR Newswire)
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New case study shows how Graza scaled Creator advertising on a lean team, delivering 2x expected views and reducing effective CPM by approximately 50% NEW YORK, Aug. 26, 2026 /PRNewswire/ -- Agentio, the buying platform for Creator media, today released a new case study showcasing how......
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26.08.26 - 16:45
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Meta Settles With US States For $16.7 Billion Over Social Media Harms To Children (ZeroHedge)
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Meta Settles With US States For $16.7 Billion Over Social Media Harms To Children
Meta Platforms has reached a $16.7 billion settlement to resolve a landmark claim brought by several states that the company designed Instagram and Facebook to addict children, improperly collected children's personal data, and misled consumers about their safety.
The deal was in a Wednesday court filing in California after a lawsuit was brought by 29 states - with attorneys for Colorado, California, New Jersey and Kentucky - leading the group. The states argued that features like infinite scroll were purposely engineered to keep young users hooked, that Meta misled the public about the safety of its platforms for adolescents, and that the company improperly collected and monetized children's personal data in violation of federal law.
As part of the settlement, Meta must implement daily usage limits and 'nighttime blocks' for teenagers who use the company's apps like Facebook and Instagram, as well...
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26.08.26 - 16:42
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Cramer Says Meta Is “One Hated Stock” As Company Settles Lawsuit (24/7 Wall St.)
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Meta settled a case this morning that management had flagged as potentially material, and the stock barely moved. Twenty-nine state attorneys general dropped their federal trial in Oakland after roughly a week and a half of testimony in exchange for a payment reported by Reuters, Forbes and BNN Bloomberg at $16.68 billion, one of the ... Cramer Says Meta Is “One Hated Stock” As Company Settles Lawsuit...
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