Meta Agreed To Pay Up To $18 Billion To End A Major Legal Fight. Investors Are Already Looking Past It.

Source: International Business Times

Meta has agreed to pay up to $18 billion over 10 years to resolve claims that its platforms were designed to addict children and teenagers. Unsplash Meta Platforms' settlement of a sweeping child-safety case has shifted Wall Street's attention toward what the company could launch next, with Morgan Stanley pointing to a broad pipeline of artificial intelligence products that may start reaching users after the resolution of one of its biggest legal battles. The Facebook and Instagram parent agreed last week to pay up to $18 billion over 10 years to resolve claims that its platforms were designed to addict children and teenagers.