Twitter and Facebook may be losing a significant amount of users soon—and it’s not because those users have choice.

Twitter and Facebook may be losing a significant amount of users soon—and it’s not because those users have choice. European Union lawmakers are finalizing updated regulations, which would require kids under the age of 16 to provide parental consent to gain access to social media sites. The proposal has caused an uproar, especially from those who believe access to online advice and information can be lifesaving for kids. (CNN Money)