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Reddit fixes widespread outage affecting thousands in the US
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Snapchat, Reddit, X, and Instagram platforms could be fined up to 50 million Australian dollars (USD 33 million) for their systematic inability to stop young children from creating accounts.Rowland informed Parliament, "This bill aims to establish a new normative value in society that using social media is not the defining characteristic of growing up in Australia."
Last month, Reddit, a company that went public in March, announced its first profit. In addition, the number of daily users on the site increased by 47% to 97.2 million over the previous year..Reuters reported that revenue in the September quarter rose 68% to $348.4 million, beating analysts’ estimate of $312.8 million.
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