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Meta reaches $18 billion settlement with 29 US states over youth harm

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META Meta Platforms Inc
$578.54 +1.08%
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  1. 1Meta (META) settles with 29 US states for $18 billion over youth harm allegations
  2. 2Q3 reflects $10 billion legal charge, settlement paid over 10 years, July guidance maintained
  3. 3Includes platform changes for minors like 2-hour daily use cap; AI capex up to $145 billion adds cost pressure

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