- Snap Inc SNAP Snapchat kicks dozens of children in Britain off its platform each month compared with tens of thousands blocked by rival TikTok, according to internal data.
- TikTok told Ofcom that between April 2021 - April 2022, it had blocked an average of around 180,000 suspected underage accounts in Britain every month, or 2 million in those 12 months, Reuters reports.
- Snapchat disclosed that it had removed approximately 60 accounts per month or just over 700 in total. A Snap spokesperson told Reuters the figures misrepresented the scale of work the company did to keep under-13s off its platform.
- According to the Snap spokesperson, they take their responsibilities seriously, and in the U.K., every month, they prevent and remove tens of thousands of efforts made by minors to register for a Snapchat account.
- Social media platforms like Meta Platforms META Instagram, ByteDance Ltd's TikTok, and Snapchat require users to be at least 13 years old to help protect user safety and privacy.
- Ahead of Britain's planned Online Safety Bill, Britain's media regulator Ofcom inquired about TikTok and Snapchat's number of suspected under-13s kicked off their platforms in a year.
- Companies that fail to comply with the bill risk a penalty of up to 10% of their annual turnover.
- In 2022, Ofcom's research found that 60% of children aged between eight and 11 had at least one social media account. The regulator also found Snapchat was the most popular app for underage social media users.
- Price Action: SNAP shares traded higher by 0.19% at $10.67 premarket on the last check Monday.
- Photo by Souvik Banerjee from Pixabay
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
