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Published: 21.11.2025
Total Summaries: 5
Meta Warns Young Australians to Download Data Before Social Media Ban
Meta has begun notifying young Australians to download their data and delete their accounts from Facebook, Instagram, and Threads ahead of a social media ban for users under 16, effective December 10. The Australian government mandated that platforms take steps to exclude users younger than 16, prompting Meta to reach out to affected teens via SMS and email. Users can verify their age to regain access if mistakenly notified. The government has cautioned against overly stringent age verification methods, while Meta advocates for a more effective age verification system.
Source: Associated PressWalmart Reports Strong Earnings and Raises Outlook Amid Leadership Change
Walmart has increased its sales and earnings forecast for the full year, expecting net sales to rise between 4.8% and 5.1%. The retailer reported a fiscal third-quarter revenue of $179.50 billion, exceeding expectations, with adjusted earnings per share at 62 cents. The company noted significant e-commerce growth, with U.S. sales increasing by 28%. Walmart will also transfer its stock listing to Nasdaq on December 9. Despite challenges from SNAP benefit pauses, consumer spending remained stable, and Walmart gained market share among high-income customers.
Source: CNBCCrypto Market Suffers $1 Trillion Loss as Bitcoin Drops
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Read extended summarySources (7)Cloudflare Experiences Major Outage Due to File Size Issue
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Read extended summarySources (7)Greystar Settles Lawsuit for $7 Million Over Rent-Setting Algorithms
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