Australian Regulator Probes Major Social Media Platforms for Potential Breaches
The Australian government is moving to impose significant financial penalties on major social media platforms that fail to implement mandatory age-verification technology. Under the proposed legislative framework, companies including Facebook, Instagram, Snapchat, TikTok, and YouTube could face fines of up to 50 million Australian dollars—approximately 30 million euros—per breach if they do not meet strict … Read more