financetom
Business
financetom
/
Business
/
Brazil institute sues social media giants for $525 mln over usage 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 mln over usage by minors
Nov 3, 2024 1:17 PM

BRASILIA, Oct 28 (Reuters) - Brazil's Collective Defense

Institute, a consumer rights group, has filed two lawsuits

demanding 3 billion reais ($525.27 million) from the Brazilian

units of TikTok, Kwai and Meta Platforms ( META ) for allegedly

failing to create mechanisms to prevent indiscriminate use of

these social media platforms by minors, according to initial

petitions reviewed 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

The lawsuits demand the companies 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 ( META ) 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, a social media site based around short videos, said

in a statement that user safety is one of its priorities,

specially when it comes to minors.

($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 >
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
India's space regulator picks Google-backed PixxelSpace for first home-grown satellite constellation
India's space regulator picks Google-backed PixxelSpace for first home-grown satellite constellation
Aug 12, 2025
Aug 12 (Reuters) - India's space regulator said on Tuesday it has selected Google-backed Indian space tech startup PixxelSpace's consortium to develop the country's first home-grown constellation of earth observation satellites. ...
DigitalOcean Prices Upsized $550 Million Private Debt Offering
DigitalOcean Prices Upsized $550 Million Private Debt Offering
Aug 12, 2025
05:39 AM EDT, 08/12/2025 (MT Newswires) -- DigitalOcean Holdings ( DOCN ) said Tuesday it priced a $550 million private offering of 0% convertible senior notes due Aug. 15, 2030, upsized from a previously planned $500 million. Initial purchasers have an overallotment option to purchase up to an additional $75 million of the notes. The company expects the offering to...
Spirit Airlines raises going-concern doubts, months after exiting bankruptcy
Spirit Airlines raises going-concern doubts, months after exiting bankruptcy
Aug 12, 2025
Aug 12 (Reuters) - Spirit Airlines has warned of going-concern doubts, just months after emerging from bankruptcy as weak domestic demand and dwindling cash reserves strain its operations. Adverse market conditions such as elevated domestic capacity and weak demand for leisure travel in the second quarter has resulted in a tough pricing environment for airline, it said in its quarterly...
Copyright 2023-2026 - www.financetom.com All Rights Reserved