Meta, the company that owns Instagram, has reached a settlement with a coalition of state attorneys general. The agreement involves a $12.7 billion payment aimed at funding youth online safety programs.

This follows a lawsuit alleging that Meta’s social media platforms, including Facebook and Instagram, have negatively impacted children and teenagers. The legal action was initiated by state attorneys general concerned about the potential harm these platforms could cause to young users.

Meta’s settlement comes as part of a larger $18 billion resolution. This significant financial commitment underscores the seriousness of the claims and the company’s acknowledgment of the importance of addressing these issues.

The funds from the settlement are intended to support initiatives that enhance the safety of young users online, providing a structured response to the concerns raised in the lawsuit.