TikTok, Meta have three months to clean up as new UK rules come into force
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The UK has implemented a new online safety act requiring social media platforms like Meta's Facebook and TikTok to enhance safeguards against criminal activity and abuse by March 16, 2025.
December 16, 2024 | 3:30 pm
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Meta, the parent company of Facebook, is required to implement new safeguards against criminal activity and abuse on its platform by March 16, 2025, due to the UK's new online safety act.
The new UK online safety act mandates Meta to improve its platform's security measures. While this regulatory requirement is significant, it is unlikely to have an immediate impact on Meta's stock price as the deadline is over a year away.
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IMPORTANCE 70
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