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Stock impact report

Meta is fined by Turkey after refusing to restrict content on Facebook and Instagram [Globe and Mail, The (Toronto, Canada)]

Meta Platforms, Inc. - Class A (META) 
President Recep Tayyip Erdogan's government has been trying to restrict opposition voices on social media after widespread protests erupted following the arrest of Istanbul's mayor, who's a key rival. “We pushed back on requests from the Turkish government to restrict content that is clearly in the public interest, and have been fined by them as a consequence,” the company said in a statement. The social media company did not disclose the size of the fine, except to say it was “substantial” and did not provide any more details about the content in question. The Associated Press has approached the Turkish government for comment. “Government requests to restrict speech online alongside threats to shut down online services are severe and have a chilling effect on people’s ability to express themselves,” Meta said. In recent years the Turkish government has increasingly sought to bring social media companies under its control. When protests erupted following the March 19 arrest of opp Show less Read more
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