Meta Deactivates Over 756,000 Suspected Under-16 Accounts in Australia as Regulators Weigh Enforcement—‘Meeting Our Obligations Under the Law’
Meta has deactivated over 756,000 Australian accounts suspected of belonging to under-16 users to comply with the social media ban.
Meta removed over 756,000 accounts in Australia that seemed to belong to kids under 16, because a new law says young kids can't use social media there. When companies follow new rules, it shows they're being responsible, but it might also mean fewer users and less money from ads.
Last session drawn · prints held ~15 minutes · licensed exchange data
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.