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14.10.25 - 13:42
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Majority Supports Social Media Ban For Children (ZeroHedge)
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Majority Supports Social Media Ban For Children
Australia passed a social media ban for teenagers and children under the age of 16 in December, which applies to companies including Instagram, X and TikTok. The measure is intended to reduce the “social harm” done to young Australians and is set to come into force on December 10, 2025. Tech giants will be up against fines of up to A$49.5 million ($31 million) if they do not adhere to the rules.
The new law was approved on November 28, 2024, with support from a majority of the general public. However, the blanket ban sparked backlash from several child rights groups who warn that it could cut off access to vital support, particularly for children from migrant, LGBTQIA+ and other minority backgrounds.
Critics argue it could also push children towards less regulated areas of the internet.
The new legislation is the strictest of its kind on a national level and comes as other countries grapple with how best to regulate technology in a rapi...
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13.10.25 - 12:06
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′My crypto life is over′: sell-off triggers angst on Chinese social media (SCMP)
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Chinese cryptocurrency traders are bemoaning their losses after the biggest price gyrations in years, as Monday's bounce in bitcoin's prices above US$114,000 brought relief to some traders after last week's massive sell-off.
The crypto crash on Friday, which wiped out US$19 billion with more than 1.6 million traders liquidated, became the second most searched topic on Weibo briefly on Monday morning, as many Chinese crypto investors took to social media to mourn their losses.
“From hundreds of......
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