financetom
Business
financetom
/
Business
/
Brazil institute sues social media giants for $525 million over excessive use by minors
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Brazil institute sues social media giants for $525 million over excessive use by minors
Nov 3, 2024 1:16 PM

BRASILIA (Reuters) - Brazil's Collective Defense Institute has filed two lawsuits demanding 3 billion reais ($525.27 million) from the Brazilian units of TikTok, Kwai and Meta Platforms for allegedly failing to create mechanisms to prevent indiscriminate use of these social media platforms by minors, according to initial petitions seen by Reuters.

WHY IT'S IMPORTANT

Social media regulation has become a hot topic in Latin America's largest country after a months-long feud between X owner Elon Musk and a Brazilian Supreme Court justice resulted in the company paying hefty fines. 

DETAILS

In the lawsuits, the organization demands the courts, both in the state of Minas Gerais, to order the companies to create clear data protection mechanisms and issue warnings about the risks to children's and teenagers' mental health due to platform addiction.

The lawsuits are based on a series of studies on the possible damage caused by unsupervised use of social media, especially by children and teenagers.

KEY QUOTE

"It is urgent that measures be adopted in order to change the way the algorithm works, the processing of data from users under 18, and the way in which teenagers aged 13 and over are supervised and their accounts created, in order to ensure a safer, healthier experience ... as is already the case in developed countries," said lawyer Lillian Salgado, one of the plaintiffs.

THE RESPONSE

Meta Platforms said in a statement that it wants "young people to have safe and age-appropriate experiences on our apps, and we have been working on these issues for over a decade, developing more than 50 tools, resources, and features to support teens and their guardians."

The company, which owns Facebook, Instagram and WhatsApp, also said it had recently announced a new "Teen Account" on Instagram, which will arrive in Brazil soon and promises to automatically limit the accounts teenagers can see and who may contact them.

TikTok said it had not received any notice about the case, while Kwai did not immediately respond to a request for comment.

($1 = 5.7113 reais)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
MicroStrategy Acquires 11,000 Additional Bitcoins
MicroStrategy Acquires 11,000 Additional Bitcoins
Jan 22, 2025
05:32 AM EST, 01/22/2025 (MT Newswires) -- MicroStrategy ( MSTR ) said in a regulatory filing on Tuesday that it has acquired 11,000 bitcoins at a price of $101,191, for a total of about $1.1 billion in cash between Jan. 13 and Jan. 20. The bitcoin purchases were funded using proceeds from the issuance and sale of 3 million shares...
Sphere Entertainment's MSG Networks Says Willing to Resolve Altice USA Dispute Through Arbitration
Sphere Entertainment's MSG Networks Says Willing to Resolve Altice USA Dispute Through Arbitration
Jan 22, 2025
05:40 AM EST, 01/22/2025 (MT Newswires) -- Sphere Entertainment's ( SPHR ) MSG Networks said late Tuesday it is willing to resolve its dispute with Altice USA ( ATUS ) through binding arbitration by a neutral third party. This will enable Optimum subscribers to watch their favorite sports programming while we resolve our outstanding issues, MSG Networks said. Optimum, a...
Market Chatter: Apple Nears Deal With Indonesia to Lift iPhone 16 Sales Ban
Market Chatter: Apple Nears Deal With Indonesia to Lift iPhone 16 Sales Ban
Jan 22, 2025
05:34 AM EST, 01/22/2025 (MT Newswires) -- Apple ( AAPL ) is nearing an agreement with Indonesia to lift the ban on iPhone 16 sales, Bloomberg reported, citing Indonesia Investment Minister Rosan Roeslani. The ban, imposed in October, was due to Apple's ( AAPL ) failure to meet the country's domestic production standards for smartphones and tablets. Hopefully within one...
Prince Harry settles lawsuit with Murdoch papers after apology
Prince Harry settles lawsuit with Murdoch papers after apology
Jan 22, 2025
LONDON, Jan 22 (Reuters) - Prince Harry has settled his lawsuit against Rupert Murdoch's News Group Newspapers (NGN) over alleged unlawful information gathering, his lawyer said on Wednesday, after the start of a long-awaited trial was unexpectedly delayed. Harry, 40, the younger son of King Charles, was suing the publisher of the Sun and the now-defunct News of the World...
Copyright 2023-2026 - www.financetom.com All Rights Reserved