Meta Platforms is lobbying Congress for language that could protect social media platforms from certain lawsuits tied to harms suffered by children online. The push comes as Meta faces thousands of claims from families and young users over products such as Instagram. Meta says the goal is to create one national standard for youth online safety, instead of leaving companies to deal with different state rules and court cases. Critics argue the language could make it much harder for parents, schools and others to hold tech companies responsible. Legal and regulatory pressure around child safety remains a serious issue for investors.
Meta Platforms Inc.Meta faces thousands of child safety lawsuits and is lobbying for legal shield; regulatory pressure remains a serious issue for investors.