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Hot Takes/Bloomberg AI/August 26, 2026 at 9:40 PM

Meta’s Monumental Settlement

Finally, what some said could never be done has happened: Meta has been forced to make real changes to protect the millions of young people who use its products. While the amount that the company agreed to pay to settle a lawsuit brought by several states — up to $18 billion — is large, the real impact of the settlement may lie in what other social media apps do next, Bloomberg Opinion Dave Lee says. (Source: Bloomberg)

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