26/08/2026
š£ Meta agreed to pay up to Ā£13.24 billion US law suit involving 29 statesā¦
You may have seen details of this law suit in the news over the last few weeks but it is the biggest combined law suit (inter state) brought against a single platform to date
After the first few days of evidence (which were not favourable to the company) they have settled out of court.
States that participated in the lawsuit will receive approximately 70%, about $12.7bn (Ā£9.3bn) of the funds over the decade. The remaining 30% will be released only after two specific conditions are metā¦
Those are if:
YouTube and TikTok - not owned by Meta - implement a one-hour daily limit, night mode, and age assurance measures
YouTube and TikTok each pay an amount matching the 30% figure, with half of the remaining funds tied to YouTubeās payment and half tied to TikTokās
While the numbers look interesting it is worth noting that - it also says it expects to accrue a legal expense of approximately $10bn (Ā£7.3bn) in the third quarter of this year related to the agreement (will will have tax consequences)
More details to follow (and link to BBC live news article in the comments) but many of the design changes it has agreed to implement (e.g. turning off auto play on videos) can be turned back on again by the child so we will provide a full summary later. Certainly a very interesting day though.