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AAP
AAP
Politics
Tess Ikonomou

Cut privacy red tape to boost innovation: tech giants

Facebook's parent company Meta says it supports attempts to streamline privacy rules. (Joel Carrett/AAP PHOTOS)

Meta has told Australia its privacy reform is "out of step" with international norms and risks discouraging industry investment in AI.

The social media giant's warning to the Productivity Commission comes as chief Mark Zuckerberg and other executives are being sued by shareholders in a $8 billion Facebook privacy case.

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