Australia is Cracking Down on Social Media. Could Apple Benefit from the Shift?
Source: Insider Monkey ·
Apple Inc. (NASDAQ:AAPL) doesn’t operate a major social-media platform, but Australia’s latest push to regulate how people use social media has unexpectedly put the iPhone maker into the conversation. Australian Prime Minister Anthony Albanese met Apple Executive Chair Tim Cook at Apple Park this month and later said Cook regarded Australia’s work on social media […]
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Apple Inc. (NASDAQ: AAPL ) doesn't operate a major social-media platform, but Australia's latest push to regulate how people use social media has unexpectedly put the iPhone maker into the conversation. Australian Prime Minister Anthony Albanese met Apple Executive Chair Tim Cook at Apple Park this month and later said Cook regarded Australia's work on social media as "world-leading." Apple did not independently use that description when Reuters sought comment. Instead, the company referred Reuters to a post from Cook saying he had shared some of Apple's newest innovations with Albanese, including controls designed to help keep children safe online. DON'T MISS: Google is Changing Search to Avoid More EU Fines. Could Compliance Become the Bigger Risk? Cook's comments don't amount to an endorsement of every detail of Australia's regulatory approach. What the meeting does highlight is the overlap between an issue receiving increasing government attention and a part of Apple's own…