LinkedIn: We're too boring for kids for social media ban
Published On Nov 26, 2024, 7:41 AM
LinkedIn has responded to proposed legislation in Australia that seeks to ban social media access for children under 16 years old. The company argues that its platform is not appealing to minors and stated it does not need to be included in the ban. It maintains a minimum age requirement of 16 and removes child accounts when discovered. Other tech giants like Meta and Google have expressed concerns about the rushed nature of the legislation, citing the need for further consideration and consultation. The Australian government aims to pass the legislation by the end of the parliamentary year, with other countries like the UK showing interest in similar measures.
Stock Forecasts
MSFT
Positive
LinkedIn's strong positioning against the legislation could help it maintain its user base and avoid additional costly regulations. As a Microsoft subsidiary, its integration with Microsoft's ecosystem could also see optimized performance and value. Therefore, LinkedIn may benefit positively from this scenario as it can focus on its core business without unnecessary disruptions.
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