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Apple Benefits from Australia's Social Media Crackdown

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AAPL
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Australia's government is cracking down on social media use among children, which could benefit Apple as its expanding parental controls become more strategically important.

Australian Prime Minister Anthony Albanese met with Apple Executive Chair Tim Cook at Apple Park this month, where they discussed child safety online. Cook praised Australia's work on social media regulation, saying it was 'world-leading.'

However, Apple clarified that it did not endorse every aspect of the regulatory approach and instead highlighted its own efforts to keep children safe online.

In recent software updates, Apple has added features such as Time Allowances, which allows parents to manage how much time their children spend on social media, entertainment, and games. The company has also redesigned Screen Time to give parents a clearer view of their children's device usage.

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