The Zhitong Finance App learned that US tech giant Google (GOOGL.US) and Facebook and Instagram parent company Meta Platforms (META.US) on Tuesday urged the Australian government to postpone a prohibitive bill that would ban Australian children under 16 from using most forms of social media, and the two tech giants said it would take more time to assess its potential impact.

The Zhitong Finance App learned that US tech giant Google (GOOGL.US) and Facebook and Instagram parent company Meta Platforms (META.US) on Tuesday urged the Australian government to postpone a prohibitive bill that would ban Australian children under 16 from using most forms of social media, and the two tech giants said it would take more time to assess its potential impact.