Meta finds it unclear as to why the defence would still apply to material posted online by a New Zealand user, but not if it is posted in Australia.
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Australia's eSafety commissioner is not sure whether social media platforms are even capable of adhering to the country's anti-trolling laws.
Committee chair Lucy Wicks said she was not convinced by Meta's argument that its efforts are sufficient in removing bullying and harassment content.
The company remained quiet on what it would do if there continues to be no EU-US data transfer agreement, however.
Paypal founder will reportedly step down from Facebook's board to prop up Trump policy-aligned candidates in the leadup to the US mid-term elections.
Facebook whistleblower Frances Haugen has told Australian parliamentary members that Facebook does the bare minimum in regulating content because it is profitable.
The Dutch Authority for Consumers and Markets will fine Apple €5 million every week so long as it continues to prevent dating apps from freely using non-Apple payment systems.
A committee hearing to discuss Libra is set for 17 July.