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Meta has begun warning thousands of young Australian users to save their data and delete their accounts ahead of Australia’s new ban on social media accounts for children under 16. Major platforms must block under-16 users starting December 10, with teens given two weeks to download data or verify age through Yoti. Meta estimates about 500,000 Australians ages 13–15 currently use Instagram and Facebook.

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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02MENA began warning thousands of young Australian users to save their data and delete their
00:06accounts out of a new ban on social media accounts for children under 16, according to the AP.
00:11Australia will require major platforms, including MENA's apps, Snapchat, TikTok,
00:15X, and YouTube, to block under 16 users starting December 10.
00:20MENA said teens will have two weeks to download their data, delete accounts,
00:23or update contact information, and older users wrongly flagged and verify their age through
00:27Yodi using ID documents or a video selfie.
00:30MENA estimates 500,000 Australians ages 13 to 15 used Instagram and Facebook out of a
00:36national population of 28 million.
00:38For all things money, visit Benzinga.com.
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