Australia drops plan to fine Facebook, X and other social media companies: “…it is clear that there is no…”

Australia has announced that it is not going to impose fines on Facebook, Instagram and other social media giants under a legislation that was proposed earlier this year. The country planned to impose fines on these companies for allegedly failing to curb the spread of misinformation.
According to a report by news agency Reuters, communications minister Michelle Rowland announced the decision on Sunday (November 24), citing significant opposition in the Senate as the reason for withdrawing the proposed legislation.