Get the app →
BriefTea logoBriefTea

Every story in sixty words

Technology · 5 days ago

New Zealand's social media ban: 10% global income fines for tech firms

New Zealand's social media ban: 10% global income fines for tech firms

Tech firms could be fined as much as 10% of their global income if they fail to block younger users. Prime Minister Christopher Luxon announced the bill on Monday, arguing that addictive online platforms are damaging children's sleep and mental health. But foreign minister Winston Peters says his party will not support the rules, calling a similar recent Australian ban a failure.

Reported by The Guardian · How we write briefs

Get the app

More briefs

WorldIran's unseen supreme leader urges Gulf countries to fight a shared enemy BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers GeneralNigel Farage's £5m donor has major stakes in arms industry PoliticsTreasury officials advise John Healey to tax banks and oil companies more HealthCorrecting hearing loss can cut dementia risk by almost half GeneralNotting Hill Carnival parade begins as Europe's biggest street party Browse all stories →