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Stock impact report

What happens when you kick millions of teens off social media? Australia's about to find out [CNN]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: CNN
shows that few of the Grade 9 and 10 students sitting in plush red seats had heard of the country's impending ban on social media, much less how to prepare for it. “It's very important to save photos,” Kirra Pendergast, founder of cyber safety organization Ctrl+Shft, lectures from the stage. “You need to prepare.” An alarmed murmur spreads around the room as the students realize what's about to be lost. “Can you get your account back when you turn 16?” one girl asks. “What if I lie about my age?” asks another. Less than two weeks before the ban, we have more answers. From December 10, sites that meet the Australian government's definition of an “age-restricted social media platform” will need to show that they're doing enough to eject or block children under 16 or face fines of up to 49.5 million Australian dollars ($32 million). The list includes Snapchat, Facebook, Instagram, Kick, Reddit, Threads, TikTok, Twitch, X, and YouTube. The government says it's protecting childre Show less Read more
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