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Social media companies have revoked access to about 4.7 million accounts identified as belonging to children in Australia since the country banned use of the platforms by those under 16, officials said. We stared down everybody who said it couldnt be done, some of the most powerful and rich companies in the world and their supporters, communications minister Anika Wells told reporters on Friday. Now Australian parents can be confident that their kids can have their childhoods back. The figures, reported to Australias government by 10 social media platforms, were the first to show the scale of the landmark ban since it was enacted in December over fears about the effects of harmful online environments on young people. The law provoked fraught debates in Australia about technology use, privacy, child safety and mental health and has prompted other countries to consider similar measures. Officials said the figure was encouraging Under Australian law, Facebook, Instagram, Kick, Reddit, Snapchat, Threads, TikTok, X, YouTube, and Twitch face fines of up to 49.5 million Australian dollars ($33.2 million) if they fail to take reasonable steps to remove the accounts of Australian children younger than 16. Messaging services such as WhatsApp and Facebook Messenger are exempt. To verify age, platforms can either request copies of identification documents, use a third party to apply age estimation technology to an account holders face, or make inferences from data already available, such as how long an account has been held. About 2.5 million Australians are aged between 8 and 15, said the countrys eSafety Commissioner Julie Inman Grant, and past estimates suggested 84% of 8- to 12-year-olds held social media accounts. It was not known how many accounts were held across the 10 platforms but Inman Grant said the figure of 4.7 million deactivated or restricted was encouraging. Were preventing predatory social media companies from accessing our children, Inman Grant said. The 10 biggest companies covered by the ban were compliant with it and had reported removal figures to Australia’s regulator on time, the commissioner said. She added that social media companies were expected to shift their efforts from enforcing the ban to preventing children from creating new accounts or otherwise circumventing the prohibition. Meta removed 550,000 accounts Australian officials didnt break the figures down by platform. But Meta, which owns Facebook, Instagram and Threads, said this week that by the day after the ban came into effect it had removed nearly 550,000 accounts belonging to users understood to be under 16. In the blog post divulging the figures, Meta criticized the ban and said smaller platforms where the ban doesn’t apply might not prioritize safety. The company also noted browsing platforms would still present content to children based on algorithms a concern that led to the ban’s enactment. The law was widely popular among parents and child safety campaigners. Online privacy advocates and some groups representing teenagers opposed it, with the latter citing the support found in online spaces by vulnerable young people or those geographically isolated in Australias sprawling rural areas. Some said they had managed to fool age assessing technologies or were helped by parents or older siblings to circumvent the ban. Other countries might follow Since Australia began debating the measures in 2024, other countries have considered following suit. Denmarks government is among them, saying in November that it had planned to implement a social media ban for children under 15. The fact that in spite of some skepticism out there, its working and being replicated now around the world, is something that is a source of Australian pride, Prime Minister Anthony Albanese said Friday. Opposition lawmakers have suggested that young people have circumvented the ban easily or are migrating to other apps that are less scrutinized than the largest platforms. Inman Grant said Friday that data seen by her office showed a spike in downloads of alternative apps when the ban was enacted but not a spike in usage. There is no real long-term trends yet that we can say but were engaging, she said. Meanwhile, she said, the regulator she heads planned to introduce world-leading AI companion and chatbot restrictions in March. She didnt disclose further details. Charlotte Graham-McLay, Associated Press
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E-Commerce
Almost 1 million Frigidaire mini-fridges are being recalled because they pose the potential to catch fire, according to a notice from the U.S. Consumer Product Safety Commission (CPSC) released on Thursday. The notice expands an earlier recall from 2024. Canada-based Curtis International is recalling another 330,000 mini-fridges, on top of the 634,000 units it recalled back in July of 2024. The company has received at least six reports of the model EFMIS121 mini-fridges catching fire and resulting in property damage, per the CPSC notice. The mini-fridges were sold exclusively at Target stores nationwide and online at Target.com from January 2020 through October 2023, for around $30. What is the reason for the Frigidaire recall? The mini-fridges internal electrical components can short-circuit and ignite the surrounding plastic housing, posing fire and burn hazards. What are the product details? This recall covers Curtis International six-can Frigidaire-brand mini-fridges, model EFMIS121, with limited serial numbers, in addition to certain mini-fridges with model numbers EFMIS129, EFMIS137, EFMIS149, and EFMIS175 that were previously recalled. Frigidaire is printed on the front of the units. The model and serial numbers are on a label on the back of the mini-fridge. This recall includes only the serial numbers identified below. The items were sold in the color red at Target stores. Brand and product name: Frigidaire-brand mini-fridges, model EFMIS121 (plus EFMIS129, EFMIS137, EFMIS149, and EFMIS175 from a previous recall) Units: About 330,000 Manufacturer: ShangYu North Electron Manufacture Co. Ltd. of China Importer: Curtis International Ltd. of Canada Manufactured in: China Recall number: 26-199 Recall Date: January 15, 2026 What to do if you own one of the mini-fridges Consumers should immediately stop using the recalled mini-fridges and follow the instructions to register for a refund at recallrtr.com/minifridge. Consumers should unplug and cut the power cord and write Recall using a permanent marker on the front door of the unit. Consumers should dispose of the recalled mini-fridges in accordance with local and state regulations.
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E-Commerce
For a moment, Eric Adams was riding high. Fresh off trips to Dubai and the Democratic Republic of Congo, the now jobless ex-mayor of New York City was back in Times Square on Monday to announce his first initiative as a private citizen: a new cryptocurrency coin that would also serve to beat back antisemitism and anti-Americanism. Were about to change the game, he promised, without describing how, exactly, the digital asset would support those lofty ambitions. This thing is going to take off like crazy. But after surging to a nearly $600 million valuation within minutes of its launch, the new coin, dubbed NYC Token, went into free fall, losing nearly 75% of its value by that evening. The drop came after an account linked to the token’s creation withdrew $2.5 million worth of coins, according to the crypto-analytics firm Bubblemaps. Around $1.5 million was later returned, the firm said, though by then investor confidence had collapsed. To some cryptocurrency experts, the rollout had all the hallmarks of a rug pull. The scheme prevalent among celebrity-linked meme coins involves insiders hyping an asset then quickly dumping their stakes, saddling amateur investors with deep losses. Others have suggested that Adams and his inexperienced team were themselves duped by savvier investors, who took advantage of a sloppy launch. The debate has found Adams back in a mode of damage control that defined so much of his one-term mayoralty: denying misconduct, attacking the press and facing scrutiny about the competence of his inner circle of loyalists. Through a former campaign spokesperson, Adams has released multiple statements in recent days clarifying that he had not profited off the token and had not moved investor funds, calling reports otherwise false and unsupported by evidence. Like many newly launched digital assets, the NYC Token experienced market volatility, the spokesperson, Todd Shapiro, said Wednesday. Mr. Adams has consistently emphasized transparency, accountability, and responsible innovation. A machine lawyer and an Israeli hotelier Despite claims of transparency, Adams has so far declined to reveal his partners in the token. But two people close to the project confirmed that Frank Carone, Adams’ former chief adviser and one-time lawyer for the Brooklyn Democratic Party, was closely involved in the launch. The two people spoke to The Associated Press on condition of anonymity because they had been asked not to disclose the identities of people involved in the token’s creation. One of Carones former clients, Yosef Sefi Zvieli, a real estate investor linked to several Israeli hotels, was also part of its creation, Shapiro confirmed to The Associated Press. Zvieli, whose involvement was first reported by Business Insider, previously owned a college dorm in Brooklyn, which drew complaints from students of filthy conditions and neglect. After defaulting on his mortgage, Zvieli hired Carone as his attorney and was able to turn the troubled property into a city-financed homeless shelter. Their exact role in the token launch was not immediately clear, though at least part of Zvielis job involved reaching out to influencers ahead of the debut. Neither he nor Carone appeared to have direct experience in cryptocurrency. Messages left with the two men were not returned. As questions around the launch swirled this week, Adams sought guidance from Brock Pierce, the billionaire crypto investor, and former Mighty Ducks child actor, whose private jet he sometimes used as mayor. After looking into the project, Pierce said he was confident that no one has run off with anyones money.” Though he described himself as Adams crypto adviser, Pierce said he was only made aware of the project after its launch. Had I been consulted, I wouldve put together a team of more qualified people who knew what theyre doing, he added. Political-coin instability Even within the largely unregulated world of meme coins, experts say projects promoted by politicians are especially prone to unsavory trading practices. The president of Argentina, Javier Milei, has faced fraud allegations for his own crypto promotion, which drew thousands of investors before swiftly collapsing. Coins launched by President Donald Trump and his wife, Melania Trump, also saw significant price fluctuations upon release. The number of accounts that invested in NYC Token were far less than those ventures, totaling just over 4,000 as of Thursday, according to Nicolas Vaiman, the founder of Bubblemaps, which conducted an analysis of publicly available trade records. Roughly 80% of those accounts had bought in during a 20-minute period before Adams had announced the coin but after it was made available for purchase, the analysis found. The window, Vaiman said, provided an advantage to insiders involved in the launch and other traders who pay close attention to new tokens. Political coins are driven purely by attention, and the crypto community is aware that attention peaks right after the launch, Vaiman said. People know you don’t want to stick around, especially for such a vague prospect, like fighting anti-Americanism or antisemitism. What does it even mean? How are you going to achieve that in a token? The website for the coin says a portion of the proceeds will be divided evenly among three causes: antisemitism and anti-Americanism awareness campaigns, crypto education for the citys youth and a scholarship initiative. It does not detail which organizations will be supported, or what percentage of the proceeds will go toward charitable causes. Uncertain fate Adams has disputed that any money had been pulled by the token’s creators. He has said the appearance of withdrawals were the result of adjustments made by the designated market maker, an entity that buys and sells orders of a new token to ensure traders can make purchases without major price shifts. The market makers include FalconX, a well known digital asset broker. The company declined to respond to inquiries on the record. As of Wednesday, a majority of accounts that invested in the coin had lost money, according to the Bubblemaps analysis. Fiften traders were down at least $100,000, while 10 had netted $100,000. Pierce said he was still hoping the project could be salvaged, adding that the fate and outcome of this project will be determined in the coming days. But some in the crypto world had their doubts. It could be a legitimate project with just a really bad rollout,” said Benjamin Cowen, the founder of another crypto research analytics firm, Into the Cryptoverse. “But the way it was launched didnt instill a lot of confidence. Its hard to regain trust in the crypto community. Jake Offenhartz, Associated Press
Category:
E-Commerce
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