00:00Meta has agreed to pay up to $16.7 billion to settle a landmark lawsuit brought by 29 states over
00:08allegations that Facebook and Instagram were designed to keep children hooked and failed to adequately address the risks.
00:15The agreement would impose a default two-hour daily limit for users under 18, block access overnight, and add stronger
00:23parental controls and age verification measures.
00:26Meta denies wrongdoing and the settlement still requires court approval.
00:30The deal could reshape how the social media giant manages its youngest users.