Social media platforms requirements establishment related to accounts for minors

This bill would create new rules for social media platforms that make over $1 billion in advertising revenue. It requires these platforms to estimate the age of users and get verifiable parental consent for users under 16. For children under 16, platforms would have to set privacy settings to the highest level, avoid addictive features, and not show targeted ads. Parents could also set time limits for their children's use.

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