The UK Information Commissioner's Office (ICO) has fined Reddit £14 million for failing to protect children's data and lacking adequate age verification measures. This regulatory action introduces significant legal headwinds as the company seeks to expand its international advertising and AI-driven features.
- Investigators determined that Reddit unlawfully processed information from users under the age of 13.
- The fine follows a 5.13% slide in share price to $142.46, which was initially triggered by broader market concerns over global trade tariffs.