Australia, Meta

Meta introduces anti-scam ad measure in Australia, where a A$50 million fine is threatened, but not NZ
Meta, the owner of Facebook, Instagram and WhatsApp, has announced a new measure it says will protect its Australian users against financial scams. Before running financial services ads, advertisers will be required to verify their beneficiary and payer information,
Meta tightens financial ad rules to combat scams in Australia
In its latest bid to combat scams, social media company Meta is rolling out stricter rules for advertisers. The new rules are aimed at addressing the rising number of financial scams targeting Australian users and are set to roll out in early 2025.
Meta tightens ad rules to curb financial scams aimed at Australians
The move comes after Meta in October said it took down 8,000 so-called "celeb bait" ads, as part of an effort with Australian banks to curb the scams that use images of famous people to trick consumers into giving money to fake investment schemes.
Meta Tightens Financial Ad Rules in Australia to Combat Rising Social Media Scams
Meta Platforms has introduced stricter ad regulations for financial products in Australia, aiming to curb scams. Advertisers must now verify credentials, including financial licenses, to ensure transparency and
Meta Implements Stricter Ad Rules in Australia to Combat Financial Scams
Meta Platforms, the parent company of Instagram and Facebook, has introduced enhanced regulations for advertisers of financial products and services in Australia. The new measures aim to curb the spread of scams on its platforms,
Australia Urges ‘High Risk’ Label for OpenAI, Meta, and Google LLMs
Popular tech company AI models lack transparency in training data, Australian Senate Select Committee reports.
Meta wants to build a $10B subsea cable spanning the world
Meta is reportedly exploring building its own subsea cable network worth $10bn+, but we’re waiting on more details.
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Meta hits back at Australia’s social media ban for under-16s
Meta, the parent company of Instagram, WhatsApp and Facebook, has expressed concerns over the approval of a new bill in ...
Proposed Australia law would fine Big Tech over digital competition
SYDNEY, Dec 2 (Reuters) - Australia proposed a law on Monday that could impose fines of up to A$50 million ($33 million) on ...
'Serious concerns': Meta and other social media companies slam Australia's social media ban for teens
Most tech giants have said they will comply with the ban as the government has imposed a fine of up to $50m if they fail to ...
Meta, TikTok, Google Slam Australia’s Under-16 Social Media Ban
Global tech giants including Meta, TikTok and Google have heavily criticized Australian legislation to ban children under 16 ...
Australia passes social media minimum age law, cracking down on app use by kids under 16
Australia approved on Thursday a social media ban for children aged under 16 after an emotive debate that has gripped the ...
Australia social media ban for under-16s approved by both houses of parliament
Australia's full legislature has now passed a bill that will soon ban children under the age of 16 from using most social ...
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Australia’s Big Tech Rules to Mirror EU’s DMA—Focus on App Stores and AdTech
The Australian government plans to introduce new competition rules for Big Tech companies. The proposed regulation resembles ...