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From New York Times, I'm Michael Barbaro.
This is The Daily.
Today we are here to announce an incredible landmark settlement with Meta.
On Wednesday, Meta, the world's biggest social media company, reached a multi-billion dollar legal settlement.
It has directly contributed to our growing youth mental health crisis.
Over claims that its technology, including Instagram and Facebook, are addictive.
Meta knew about these risks.
And a danger to children.
But the size of the settlement is not what matters most to me or this team.
What matters is that this agreement changes what young people will experience when they open their apps.
And perhaps most importantly, the company agreed to impose sweeping new limits on how kids use its products today.