NEW YORK — Meta scored a major win Tuesday after a federal judge ruled that it is not a social networking monopoly, shooting down an argument from the US Federal Trade Commission that it should be forced to spin off two of its most popular platforms.

The move comes as Canberra prepares fines up to A$49.5 million (US$32M) for platforms that flout its new child-protection law

Hundreds of users across the US are reporting severe issues with the Meta-owned Instagram. According to the Downdetector, a web outage tracking site, a Meta-owned platform, up to 1,000 users have already lodged complaints as of Wednesday,