meta stock legal case settle down 18 billion payment installation detail, one year one billion for 18 years?

 Meta Platforms agreed to pay up to $18 billion over a 10-year period (not 18 years) in annual installments to resolve landmark state lawsuits over youth mental health and social media addiction. [1, 2, 3]

Payment and Installation Details

Total Amount: Up to $18 billion US shared across 52 states and U.S. territories.
Timeline: Paid in annual tranches over 10 years.
Condition (70/30 Split): Meta will pay out 70% of the settlement funds initially. The remaining 30% will only be paid if competing platforms like TikTok and YouTube agree to similar financial commitments and safety regulations. [1, 2, 3, 4, 5]

Key Platform Changes for Minors

Time Limits: A default two-hour daily time limit for users under 18 on Facebook and Instagram.
Nighttime Curfews: Blocking app access between midnight and 6:00 a.m. local time for teen accounts.
Notifications: Muted notifications and restricted usage during school hours. [1, 2, 3]