Meta To Pay $18 Billion In Federal Settlement. Stock Wavers. Meta Settles Federal Social Media Addiction Suit. Stock Wavers.

Meta Platforms has agreed to pay $18 billion to settle a lawsuit filed by a group of state attorneys general who alleged that its social media apps like Facebook and Instagram caused serious mental harm to children,  the Wall Street Journal reported. Meta (META) stock rallied in early trades, before sliding. Meta stock was last down a fraction. The settlement…