Social media is on the cusp of visceral change — and its biggest players will have to adapt or be left behind.
Regulation looms in the European Union, while long-simmering concerns about privacy and safety are gaining visibility in the US. Elon Musk’s chaotic acquisition of Twitter, now X, has thrust the sector even further into the spotlight.
European privacy and safety regulations — headlined by the European Digital Services Act, currently applied in phases — has become a built-in risk for Meta (META) and its competitors.
“What’s going on with Meta in Europe … could potentially have ramifications for our Facebook, Instagram, and all of its various subsidiaries,” Miami University professor Matthew Crain told Yahoo Finance.