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Social Media Giants to Pay $27 Million in School Suit Accord

Social Media Giants to Pay $27 Million in School Suit Accord
Bloomberg Technology Friday 29 May 2026, 23:52 UTC By Olivia Carville 1 min read
Key Points

Social media app icons for Snapchat, Instagram, Facebook, TikTok, X and Reddit are displayed on a smartphone in an arranged photograph in Sydney, Australia, on Wednesday Feb. 11, 2026. Major social media platforms blocked 4.7 million underage accounts in Australia in December as the country's landmark social media ban for under-16s took effect. Photographer: Brent Lewin/Bloomberg

Social media app icons for Snapchat, Instagram, Facebook, TikTok, X and Reddit are displayed on a smartphone in an arranged photograph in Sydney, Australia, on Wednesday Feb. 11, 2026. Major social media platforms blocked 4.7 million underage accounts in Australia in December as the country's landmark social media ban for under-16s took effect. Photographer: Brent Lewin/Bloomberg
Sydney (LOCATION) Australia (LOCATION)
Originally published by Bloomberg Technology Read original →

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