Financial Times: Social media platforms brace for hit to user numbers from age checks

Financial Times: Social media platforms brace for hit to user numbers from age checks. “Social media companies expect age verification measures in the UK’s Online Safety Bill will reduce user numbers, hitting advertising revenue on platforms including TikTok and Instagram. The long-awaited legislation, which will begin its final stages in the House of Commons next week, would not only remove underage users from the platforms but also discourage individuals without identification or with privacy concerns, people involved with policy at leading social media companies said.”

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