Social media platforms removed 4.7 million accounts after Australia banned them for children [Globe and Mail, The (Toronto, Canada)]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Globe and Mail, The
Australia since the country banned use of the platforms by those under 16, officials said. “We stared down everybody who said it couldn't be done, some of the most powerful and rich companies in the world and their supporters,” communications minister Anika Wells told reporters on Friday. “Now Australian parents can be confident that their kids can have their childhoods back.” The figures, reported to Australia's government by 10 social media platforms, were the first to show the scale of the landmark ban since it was enacted in December over fears about the effects of harmful online environments on young people. The law provoked fraught debates in Australia about technology use, privacy, child safety and mental health and has prompted other countries to consider similar measures. Officials said the figure was encouraging Under Australian law, Facebook, Instagram, Kick, Reddit, Snapchat, Threads, TikTok, X, YouTube and Twitch face fines of up to 49.5 million Australian dollars
Show less
Read more
Impact Snapshot
Event Time:
META
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
META alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
META alerts
High impacting Meta Platforms, Inc. - Class A news events
Weekly update
A roundup of the hottest topics
META
News
- Cathie Wood Is Buying Up Roblox Stock. What Is the Bull Case for RBLX in 2026? [Yahoo! Finance]Yahoo! Finance
- Mark Zuckerberg's Meta signs massive nuclear energy deal: 'Essential to securing America's position as a global leader' [Yahoo! Finance]Yahoo! Finance
- Why Is Meta Platforms Priced 36% Cheaper Than Its Hyperscaler Peers? [Yahoo! Finance]Yahoo! Finance
- Meta Compute: Inside Zuckerberg's Massive Data Center Bet [Yahoo! Finance]Yahoo! Finance
- CoreWeave Is Down Around 30% in 6 Months. Has It Become a Steal of a Deal? [Yahoo! Finance]Yahoo! Finance
META
Earnings
- 10/29/25 - Miss
META
Sec Filings
- 1/16/26 - Form 8-K
- 1/15/26 - Form 144
- 1/14/26 - Form 4
- META's page on the SEC website