Reddit is arguing it's a 'collection of public fora' and not a social media company. Here's why. [Business Insider]
Meta Platforms, Inc. - Class A (META)
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Source: Business Insider
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Australia is now barring children under 16 from creating or maintaining social media accounts. Reddit says the law should be revoked, or if it's not, it should be exempt. The company argued that it's not a social media platform in a new lawsuit. A new law barring children under 16 from opening or maintaining social media accounts took effect last week in Australia, forcing platforms to deactivate accounts for swaths of young users. In the words of Taylor Swift, however, Reddit would very much like to be excluded from this narrative because, it says, it's not a social media platform. Reddit made the argument in a lawsuit it filed against the Commonwealth of Australia and its Minister of Communications on Friday. The Australian law is meant to protect young people from what it says are the harmful and addictive effects of social media use.
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META
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- 10/29/25 - Miss
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- 12/15/25 - Form 144
- 12/15/25 - Form 144
- 12/12/25 - Form 8-K
- META's page on the SEC website