Wednesday, 26 August 2026 · World
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EUROS The World Financial Report
Nº 46 Wednesday, 26 August 2026 · World Edition
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Meta shares hit 5% intraday high after $16.68 billion settlement over alleged harm to young users

Markets-Economic Times · 1h ago · 🇮🇳 India
Meta shares hit 5% intraday high after $16.68 billion settlement over alleged harm to young users

Meta shares hit a 4.96% intraday high after the company agreed to pay up to $16.68 billion to settle claims that Facebook and Instagram harmed young users. The settlement covers claims by 29 US states and requires Meta to introduce usage limits and stronger safeguards for children on its platforms.

Read the full story at Markets-Economic Times →