EU targets Snapchat over child safety and accuses porn sites of failing to block minors [BNN Bloomberg (Canada)]
Snap Inc. Class A (SNAP)
Last snap inc. class a earnings: 4/21 04:10 pm
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Source: BNN Bloomberg
The 27-nation EU's executive Commission said Thursday it was opening a formal investigation into Snapchat under the bloc's sweeping rulebook known as the Digital Services Act that's designed to protect internet users. The European Commission said that Snapchat requires users to be at least 13 to use the platform but it suspected that the company's “age assurance” system is “insufficient” at keeping them off. Regulators said the system is also not properly checking whether a user is under 17, which it needs to do in order to give them an “age appropriate” experience. They also worried that age checking systems aren't preventing adults from posing as minors. The commission suspects Snapchat isn't doing enough to protect minors from being contacted by “users with harmful intent, such as sexual exploitation or recruitment for criminal activities.” Snapchat's systems also aren't good enough at preventing underage users from seeing information about illegal or restricted products l
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SNAP
News
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Snap, Inc. - SNAPPR Newswire
- US jury verdicts against Meta, Google tee up fight over tech liability shield [Yahoo! Finance]Yahoo! Finance
- Meta, Google Risk Big Tobacco-Like Fallout After Addiction Trial [Yahoo! Finance]Yahoo! Finance
- Explainer-What comes next after the social media trial verdicts? [Yahoo! Finance Canada]Yahoo! Finance Canada
- Access Advance Licensor Sues Snap Inc. for AV1 and HEVC Patent Infringement [Yahoo! Finance]Yahoo! Finance
SNAP
Earnings
- 2/4/26 - Beat
SNAP
Sec Filings
- 3/17/26 - Form 4
- 3/17/26 - Form 4
- 3/16/26 - Form 144
- SNAP's page on the SEC website