Australia investigates tech giants over social media ban compliance
Under the Australian law, platforms face a fine of up to A$49.5 million ($34 million) for noncompliance, and the regulator added on Tuesday they also faced reputational damage if found in breach of the law. Meta and Snap said they were committed to complying with the ban, and a Meta spokesperson added the government's own trial of age-assurance technology found "natural error margins" around the 16 age cutoff.