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Did Meta’s Big Settlement Actually Help It?

The tech giant’s landmark deal with states over teen use of social media may cost the company less than expected. It may hurt rivals more.

© Josh Edelson/Agence France-Presse — Getty Images

Shares in Meta rose yesterday after the social media giant announced a landmark legal settlement.
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Mark Zuckerberg Wants to Make Sure YouTube and TikTok Share His Pain

Meta, the social media giant, agreed to change the way children interact with its apps. That could be trouble if its competitors don’t abide by the same rules.

© Anna Barclay/Getty Images

To settle the suits, Meta agreed to drastically rein in children’s’ access to marquee products like Instagram and Facebook.
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