On August 26, 2026, Meta Platforms, Inc. (NASDAQ:META) agreed to pay up to $17 billion over 10 years and to overhaul how teenagers use Instagram and Facebook, settling a lawsuit brought by more than 40 states, the District of Columbia, and several territories over claims that its platforms fueled social media addiction among young people. CNBC reported further details on the rollout on September 3, 2026. The company will roll out a two-hour default daily time limit across both apps, block access between midnight and 6 a.m., mute notifications during school hours, hide like counts, and offer a non-algorithmic feed option.
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