News Summary

• The EU will ban children under 13 from using social media platforms, some gaming platforms, and AI chatbots without parental supervision.
• The ban is set to be outlined in the Kids Act, which will be published on Thursday.
• Children between 13 and 15 will need parental consent to create accounts with parental controls and other restrictions like time limits.
• Affected companies will also be required to verify the age of users with an official age verification app.
• Failure to comply with the rules could result in fines of up to 6% of their global annual revenue.