eSafety, Australia’s internet watchdog, announced that it has informed Amazon’s (AMZN) Twitch it is considered an age-restricted social media platform required to take reasonable steps to prevent under-16s from having accounts, in accordance with Australia’s Social Media Minimum Age legislation. Following Twitch’s own self-assessment, eSafety assessed Twitch as meeting the criteria for ‘age-restricted social media platform’, because it has the sole or significant purpose of online social interaction with features designed to encourage user interaction, including through livestreaming content. eSafety has also informed Pinterest (PINS) it does not consider it subject to age restrictions on the basis it does not currently meet the criteria for an ‘age-restricted social media platform’. While Pinterest enables some online social interaction, it is not the significant purpose.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMZN:
- Amazon Closes $14.961 Billion Notes Sale
- Winning bid for Warner Bros. expected at less than $30 per share, NY Post says
- AI Daily: Nvidia beats earnings expectations
- Amazon Stock (AMZN) Falls despite Plan to Build New $3B Data Center in Mississippi
- SoftBank to Invest $3B in a Data Center Factory That Will Build Equipment for OpenAI
