Debate Over Teen Social Media Use Grows in Key Market India [Yahoo! Finance Canada]
Meta Platforms, Inc. - Class A (META)
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Source: Yahoo! Finance Canada
Most Read from Bloomberg Such bills don't represent government policy and typically don't become laws, but can lead to wider parliamentary debate. State level officials and India's finance ministry have also raised the issue of potential harms from social media. Any move to limit access to platforms in the world's most populous nation would be a blow to the likes of Meta Platforms Inc.'s Instagram and Facebook, Snap Inc.'s Snapchat, Elon Musk's X and more. Australia blocking under-16s from social media has prompted governments around the world to propose following suit, and a similar move by India would be the most significant yet by the number of users affected. Instagram and Facebook each have over 400 million users in India, more than any other country, according to DataReportal, a library of reports on global digital behavior. Snapchat has more than 200 million on its platform there, making India its largest market by users, while X has more than 20 million users, the data
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