Musk Takes Shot At Zuckerberg, Slams Instagram Over Child Exploitation And Data Privacy
Portfolio Pulse from Bibhu Pattnaik
Elon Musk criticized Instagram, owned by Meta Platforms Inc. (NASDAQ:FB), for its handling of child exploitation and data privacy issues, accusing Mark Zuckerberg of succumbing to censorship and providing governments with backdoor access to user data. This criticism comes amid growing concerns about data privacy and child safety on social media platforms.
August 25, 2024 | 7:00 pm
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Elon Musk's criticism of Instagram, owned by Meta Platforms Inc., over child exploitation and data privacy issues could increase regulatory scrutiny and public pressure on the company.
Elon Musk's public criticism of Instagram's handling of sensitive issues like child exploitation and data privacy can lead to negative public perception and potential regulatory scrutiny. This could impact Meta's stock negatively in the short term as investors react to potential risks.
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