Meta Faces $567M Abatement Fund and Youth Screen Time Limits
A judge ordered Meta to create a $567 million abatement fund and restrict screen time for young users following a New Mexico trial, correcting earlier reports of a $567 billion fund.
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A judge ordered Meta to create a $567 million abatement fund and restrict screen time for young users following a New Mexico trial, correcting earlier reports of a $567 billion fund.
Meta deactivated 756,000+ Australian teen accounts to comply with under-16 social media ban. Regulatory pressure mounting with potential fines up to A$99M and proposed 2.25% revenue tax. Stock down 1…
Meta is lobbying Congress for federal legislation to shield social media platforms from lawsuits regarding child safety. While aimed at standardizing regulations and reducing litigation risks, critic…
The UAE has introduced strict regulations prohibiting children under 15 from using social media. Platforms like Meta and Alphabet must implement mandatory age verification, disable targeted ads for m…
Canada has introduced legislation to restrict youth access to social media platforms, potentially banning users under 16 on sites like Meta unless strict safety standards are met. Non-compliance coul…
Meta is unwinding its $2 billion acquisition of Manus following regulatory pressure from Beijing. The company has restricted data access and is sunsetting the platform, signaling a significant operat…
Meta Platforms is challenging an EU regulatory order, claiming the directive constitutes overreach and exceeds the authority granted to European regulators. This legal friction highlights ongoing ope…
The European Commission has issued a strict five-day ultimatum to Meta Platforms, demanding compliance with regulatory orders. This unexpected regulatory pressure creates immediate uncertainty for th…
The European Union has issued a regulatory order against Meta Platforms to ensure competitive fairness in the AI chatbot sector. The EU aims to prevent market distortion and protect potential long-te…
Thailand's Consumer Council is suing Meta's Facebook, alleging the platform failed to protect users from fraudulent advertisements. This legal action highlights ongoing regulatory and reputation risk…
Meta is tightening content restrictions for teen accounts across Instagram, Facebook, and Messenger. The move aims to mitigate growing regulatory pressure and legal scrutiny regarding child safety, w…
China has introduced strict new regulations allowing Beijing to force the unwinding of foreign deals and penalize firms if their home nations restrict Chinese investment. The rules specifically targe…
Beijing has introduced strict new oversight rules on the cross-border transfer of technology and data, effective July 1st. These measures, targeting AI and sensitive assets, follow the forced unwindi…
China has introduced strict new regulations allowing Beijing to force the unwinding of overseas deals involving sensitive technology. These rules target 'Singapore-washing' and cross-border talent tr…
China has introduced strict new regulations overseeing overseas deals involving technology and data. This follows the recent regulatory order forcing Meta to unwind its acquisition of an AI startup, …
Republican and Democratic attorneys general oppose the Kids Internet and Digital Safety Act, citing concerns over federal overreach and state regulatory power. The bill would require social media pla…
Australia's online safety regulator begins compliance review of Meta and others for underage user bans, highlighting enforcement gaps and potential A$49.5 million penalties amid growing global regula…
Meta and other social media firms face potential hefty fines in Australia over weak enforcement of under-16 bans, raising regulatory risks amid underage user concerns.
Australia begins enforcement on social media firms, including Meta, over poor compliance with the under-16 ban, risking hefty fines and reputational damage.
India proposed stricter IT laws making advisories legally binding for Meta and Google, including faster content takedown and AI content regulation, raising compliance risks for these tech giants.