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Rising Risks of Global Social Media

   

Added on  2023-03-31

12 Pages2164 Words254 Views
Running head: RISING RISKS OF GLOBAL SOCIAL MEDIA
RISING RISKS OF GLOBAL SOCIAL MEDIA
Name of the Student
Name of the University
Author Note
Rising Risks of Global Social Media_1
1RISING RISKS OF GLOBAL SOCIAL MEDIA
Executive Summary
The main purpose or aim of the discussion will be to summarize the rising global risks of the
social media organizations like Facebook, Twitter and Instagram, from the proposed or real
government regulation. The possible impacts will also be discussed in this report.
Rising Risks of Global Social Media_2
2RISING RISKS OF GLOBAL SOCIAL MEDIA
Table of Contents
Introduction................................................................................................................................3
Social Media Facts.....................................................................................................................3
Impacts.......................................................................................................................................4
Conclusion..................................................................................................................................5
References..................................................................................................................................6
Introduction................................................................................................................................8
Emerging Market.......................................................................................................................8
Opportunities..............................................................................................................................9
Conclusion................................................................................................................................10
References................................................................................................................................11
Rising Risks of Global Social Media_3
3RISING RISKS OF GLOBAL SOCIAL MEDIA
Introduction
In this report, the aim of the discussion will be to compile the growing global risks of
the social media organizations like Facebook, Twitter and Instagram, from the projected or
real government regulation. The possible impacts will also be discussed.
Social Media Facts
Facebook, Twitter and Instagram can be termed as the three most popular social
media platforms in the modern world. Almost 70% of the people have their accounts in
Facebook, 6% in Twitte4r and 2% in Instagram on worldwide basis. And this is the updated
data collected till the month of May of this year. And in the context of the country of the
United Kingdom, the percentages are about 62, 14 and 4 for Facebook, Twitter and Instagram
respectively (Khan, Swar and Lee 2014). These three social media platforms have a huge
impact on the people of the world, both on positive and negative basis. The nature of changes
in the social media helps to make an effective and efficient comparative analysis of these
social media platforms. From the research and data, it can be viewed that the Facebook is the
most popular online social media platform globally. These social media platforms have
revamped the life of the people drastically on not only in the United Kingdom, but also
globally. But recently the government of the United Kingdom said that they are going to
introduce online safety laws for the first time in the world. Due to this, bold and powerful
actions will be taken against the companies who will breach the statutory duty of care. These
actions will include substantial fines as well as to stop the business operations of that
company in the region of the United Kingdom. Liabilities can be imposed on the individual
managers of the senior management board members, and also to block the non-compliant
services of those social media platforms. Not only the United Kingdom, the government of
regions like New Zealand and Australia also started to ban these social media platforms on
Rising Risks of Global Social Media_4

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