“Shares of Meta rose 4.4% in pre-market trading.”

A measure of the market's perception of the threat to Meta from these lawsuits. The uncertainty is over now, so the price goes back up.

I'm interested in the settlement details - yes $16bn ok fine but any behavioral or structural changes? If it's just financial, nothing really changes... (EDIT: I see julianpye found some details in the WSJ, in another comment. There are some feature adjustments.)

	▲	JumpCrisscross 2 days ago \| parent [-]
		> the settlement details “Meta will initially pay about $12 billion. That sum increases to $17.1 billion if Snap, TikTok and YouTube also settle with the states and agree to financial penalties and product changes. … The settlement will effectively force Meta to make major product changes for all U.S. users. The company agreed to interrupt endless scrolling and to impose two-hour daily time limits on Instagram and Facebook. To avoid addictive use and sleep interruptions, the company will limit usage between midnight and 6 a.m. and silence notifications between 10 p.m. and 7 a.m. Meta will also limit features that psychologists link to negative social comparisons, such as beauty filters and a tallying of the ‘like’ button clicks. It will also strengthen age verification tools and parental controls” [1]. [1] https://www.nytimes.com/2026/08/26/technology/meta-settlemen...

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smugma 2 days ago | parent | prev [-]

Short-lived. Down to flat now.