Meta decided that discretion was the better part of valor on Wednesday, agreeing to settle a landmark child safety case for up to $17 billion. The agreement would introduce a default two-hour daily limit for teens on Instagram and Facebook, overnight restrictions, and a range of other protections.
It also brings the trial to an early end before Mark Zuckerberg, who was listed as a witness, could testify.
The company reached the settlement with a bipartisan coalition of 51 state attorneys general, after four days of proceedings in a federal trial in Oakland.
Read more…
Source: MalwareBytes Labs
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- U.S. Investigating Intelligence Leak About Israel’s Plans for Attacking Iran
October 20, 2024
The U.S. is investigating the leak of top-secret American documents that show Israel military preparations for an expected strike on Iran, U.S. officials said Sunday. The two leaked reports were prepared last week by the National Geospatial-Intelligence Agency, which analyzes imagery gathered by American reconnaissance satellites and other intelligence. Neither document indicates Israel’s potential targets, and ...
- Key Group: another ransomware group using leaked builders
October 1, 2024
Key Group, or keygroup777, is a financially motivated ransomware group primarily targeting Russian users. The group is known for negotiating with victims on Telegram and using the Chaos ransomware builder. The first public report on Key Group’s activity was released in 2023 by BI.ZONE, a cybersecurity solutions vendor: the attackers drew attention when they left an ...
- Ireland fines Meta 91 mn euros over EU data breach
September 27, 2024
An Irish regulator helping to police European Union data privacy said Friday it had fined Facebook-owner Meta 91 million euros ($102 million) for password-security breaches. The Data Protection Commission criticised Meta for failing to put in place appropriate security measures to protect users’ password data and for taking too long to alert the regulator over the ...
- Telegram CEO Durov Says App to Provide More Data to Governments
September 23, 2024
Messaging app Telegram will provide users’ IP addresses and phone numbers to relevant authorities in response to valid legal requests, according to Chief Executive Officer Pavel Durov. The platform changed its terms of service to deter criminals from abusing it, Durov said in a post on Telegram Monday. The move comes less than a month after ...
- China accuses Taiwan-backed group of cyberattacks
September 23, 2024
The Ministry of State Security said a Taiwan military-backed hacking group has been carrying out cyberattacks against targets in China, urging people to report “anti-propaganda sabotage”. The ministry said since the beginning of this year, Anonymous 64 had sought to upload and broadcast “content that denigrates the mainland’s political system and major policies” on websites, outdoor ...
- TikTok just had the most important two hours of its life
September 16, 2024
Who really controls TikTok’s magical algorithm — the US-based company that runs the app or its Chinese parent, ByteDance? That’s the question that bedeviled a trio of federal judges on Monday charged with deciding whether to allow the implementation of a law that could ultimately result in TikTok being banned for all Americans. After more than ...