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  • 2 months ago
Meta's social media settlement could remove a legal overhang as the company prepares new AI products, subscriptions and advertising tools.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:03Meta's $18 billion social media settlement could clear a legal overhang as the company prepares
00:08several artificial intelligence products, according to analysts cited by CNBC.
00:14Meta agreed to platform changes for users under 18, including a two-hour daily usage limit,
00:20tighter age verification, and restrictions on certain filters.
00:25Morgan Stanley said,
00:26Meta has several products in its pipeline, including an improved Meta AI,
00:31agentic advertising tools, subscriptions, and APIs.
00:36Meta is also reportedly preparing to launch its consumer AI agent, Hatch, in early September.
00:42Morgan Stanley said Google launched Gemini 3 and expanded AI-powered search tools
00:47after avoiding a forced asset sale, helping lift the company's valuation.
00:52Needham maintained its hold rating, warning Meta is spreading capital across too many initiatives.
00:59Meta will record a $10 billion legal charge in the third quarter and pay the settlement over 10 years.
01:04For all things money, visit Benzinga.com.
01:07Let's go to exit.
01:07Let's go to the top 10th.
01:07Let's go to the top 10th.

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