South Dakota Receives First $9 Million of Meta Settlement
Technology · First reported 26 Oct, 17:39 · Updated 18:59
South Dakota has received an initial $9 million payment from a national settlement with Meta. The state’s $52 million share is scheduled to be paid over 10 years and could increase under certain conditions.
- Attorney General Marty Jackley announced that South Dakota received the first $9 million of its settlement share.
- The state’s share is $52 million, to be paid over 10 years; it could rise to $73,480,057 if certain conditions are met.
- The settlement followed a lawsuit by attorneys general from 42 states alleging that Meta designed its platforms with addictive features that exposed young users to mental harm.
- Jackley urged the state Legislature to consider using the funds to improve and strengthen education in South Dakota.
Summary written by Lux AI from 3 articles
Key facts
- Initial payment
- $9 million
- South Dakota settlement share
- $52 million
- Payment period
- 10 years
- Potential total under conditions
- $73,480,057
- States involved in lawsuit
- 42
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