Connect with us

Hi, what are you looking for?

Stock

Australia PM plays down privacy fears of social media ban for children

By Alasdair Pal

SYDNEY (Reuters) – Australia Prime Minister Anthony Albanese said on Monday social media firms would be required to destroy personal data used to verify ages of users, as part of what the government says is a world-leading ban on under-16s using the services.

Australia plans to trial an age-verification system that may include biometrics or government identification to enforce a social media age cut-off, some of the toughest controls imposed by any country to date.

“There will be very strong and strict privacy requirements to protect people’s personal information, including an obligation to destroy information provided once age has been verified,” Albanese told parliament on Monday.

The laws would impact Meta Platforms (NASDAQ:META)’ Instagram and Facebook, Bytedance’s TikTok and Elon Musk’s X and Snapchat.

They have been criticised by figures including Musk, who said on Friday the legislation was a backdoor attempt to control access to the internet for all Australians.

The proposals are the highest age limit set by any country, and would have no exemption for parental consent and no exemption for pre-existing accounts. Platforms face fines of up to $32 million for failing to comply with the legislation.

The government has said it aims to pass the bill into law by the end of the parliamentary year on Thursday, fast-tracking it through the upper and lower houses of parliament.

This post appeared first on investing.com

    You May Also Like

    Investing

    In the days since President-elect Donald Trump won the presidential race, Nicole Bivens Collinson’s phone has barely stopped ringing. Collinson, who helps lead the...

    Investing

    Netflix’s cheaper, ad-supported tier has reached 70 million global monthly active users two years after it was launched. The company said Tuesday more than...

    Editor's Pick

    Adani Group shares experienced a rebound on Monday, recovering from last week’s steep losses sparked by U.S. criminal charges against Chairman Gautam Adani and...

    Stock

    Investing.com – Trip.com ADR (NASDAQ: TCOM) reported third quarter EPS of ¥7.05, ¥0.12 better than the analyst estimate of ¥6.93. Revenue for the quarter...



    Disclaimer: Techreportdiversity.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2024 Techreportdiversity.com