The Confidential Payments Meta and TikTok Made to Addicted Teens
Olivia Carville's Bloomberg Businessweek article reports that the world's biggest social media companies reached a dozen confidential settlements with teens over claims the platforms damaged their mental health, with most payouts between $2 million and $2.5 million. Citing unnamed sources, it says Meta agreed to pay two teen plaintiffs a combined $7 million.
