The Australian Senate on Thursday passed a bill banning children under 16 from using social media, positioning Australia to become the first country to enact such a law as governments worldwide seek to protect young people from the mental and physical health risks posed by social networking sites.The legislation will require social media companies to "take reasonable steps" to prevent those under 16 from creating or holding an account on platforms such as TikTok, Facebook, Snapchat, Instagram, Reddit and X, or face fines of up to AU$49.5 million ($32 million).Users and their parents will no…READ FULL ARTICLE