Meta has agreed to a settlement worth $17 billion to resolve claims filed by 47 states regarding teen social media addiction. The company will also implement child-safety measures on its Facebook and Instagram platforms. This agreement brings an end to a landmark trial, avoiding the need for CEO Mark Zuckerberg to testify in federal court.

The settlement is one of the largest in state consumer protection history, with Virginia's share alone valued at $353 million. State attorneys general announced the deal, which was reached after claims were filed against the tech giant.

Further details about the settlement and its implications are available from the source.