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Meta, TikTok Payouts Reveal Cost to Settle Social Media Addiction Suits
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The biggest social media companies are settling multimillion-dollar settlements with teens who say their platforms caused mental health problems and addiction. The agreements remain confidential, but according to information uncovered by Bloomberg Businessweek, the amounts in most of them range between $2 million and $2.5 million. In fact, within […] The post Meta and TikTok made secret payments of millions of dollars to teens addicted to social…
Some awards ranged from $2 to $2.5 million - The remaining lawsuits for physical and mental harm could expose companies to billions of dollars in damages
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