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Meta's $17.1B Kids Safety Settlement Comes With a Push to Regulate Rivals

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Meta has reached a settlement with 47 US states and several districts and territories over child safety concerns on its platforms. The deal could cost the company up to $17.1 billion and require changes to its apps. Rather than staying quiet, Meta is using the moment to publicly pressure competitors like TikTok and YouTube to adopt similar protections. The company published an open letter, also placed as a full-page ad in major newspapers, arguing that new industry-wide standards cannot work if rivals do not follow suit. Critics may see the move as Meta attempting to reframe its legal setback as a broader push for platform accountability.

Read the full story at The Verge

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