The social media giant settled with 47 states, the District of Columbia and U.S. territories, and agreed to make major changes to its products over claims its platforms endangered children.

Meta agreed to set more time limits and enhance protections in its platforms for young users, but was short on some specifics.

The Silicon Valley company agreed to pay up to $17.1 billion in penalties as part of a landmark settlement with states over social media addiction claims.

In an hourlong interview, he said his industry was downplaying the risks, which he believes include mass unemployment and bioterrorism.

Quarterly revenue also more than doubled, to $96.22 billion, the company said, topping expectations on Wall Street.