AUSTIN, Aug. 26 -- The Texas Attorney General issued the following press release:
Attorney General Ken Paxton secured over $1 billion as part of a historic settlement with Meta Platforms, Inc. ("Meta") to protect Texas children online. In addition to the monetary payment, the settlement requires Meta to implement significant new safeguards to better protect children on its platforms.
"This is a historic settlement and a major win for the safety of Texas children. Not only will Meta pay over $1 billion to Texas, but the company will also implement significant new safety features to better protect children's precious minds and well-being on its platforms," said Attorney General Paxton. "It is my mission to fundamentally change and strengthe...