Details of Australia's social media ban for kids remain unclear, such as how to enforce it and what platforms it covers; kids and parents won't face punishment
The law sets a minimum age for users of platforms like TikTok, Instagram and X. How the restriction will be enforced online remains an open question.
Experts worry about the unintended consequences of Australia's controversial but popular social media ban on under-16s; Meta, TikTok, and X expressed concerns
- Children under 16 barred from popular social media sites — Politicians under pressure to stem online bullying, grooming
Canada's Competition Bureau sues Google over alleged anti-competitive conduct in online advertising, seeking Google to sell two of its ad tech tools and more
Canada's Competition Bureau is suing Alphabet's (GOOGL.O) Google over alleged anti-competitive conduct in online advertising, the antitrust watchdog said on Thursday.
ESET researchers find the first UEFI bootkit designed specifically to target Linux systems, marking a shift in bootkits that previously focused on Windows
Article then proceeds to describe a toy GRUB wrapper bootkit that has nothing to do with UEFI firmware (other than running on UEFI systems like any other UEFI bootloader), does not persist in UEFI fir...
Sources: Meta plans to build a 40K+ km-long fiber optic subsea cable extending around the world, a project that could cost more than $10B
Meta, the parent of Facebook, Instagram, and WhatsApp, is the second-biggest driver of internet usage globally. Its properties — and their billions of users …
Bluesky replies now default to appear by “hotness”, which weights more recent liked replies more heavily; some say this rewards clout farming like X
Not everyone is happy about it being the default. — Bluesky replies will now default to appear by “hotness” in a contentious update to the social media platform.
Sources: European regulators rebuked Wise in 2022 after finding it lacked proof of address for hundreds of thousands of customers, forcing it into remediation
Regulatory review in 2022 found fintech lacked proof of address for hundreds of thousands of customers
Writers and publishers criticize Spines, which raised a $16M seed round and charges authors $1,200 to $5,000 to use AI to edit and distribute their books
These aren't people who care about books or reading or anything remotely related. These are opportunists and extractive capitalists. [embedded post] @canongate.co.uk : Then these dingbats in the Boo...
Delivery Hero's Talabat, one of the largest food delivery services in the UAE, sets its Dubai IPO price at the top end of its range and plans to raise ~$2B
Talabat, one of the largest food ordering businesses in the Middle East, is set to raise about $2 billion from the largest initial public offering …
Chinese food delivery giant Meituan reports Q3 revenue up 22.4% YoY to $12.9B, net profit up 3x YoY to $1.78B, and core delivery business up 20.2% YoY to $9.57B
China's largest food delivery firm Meituan (3690.HK) posted a bigger-than-expected 22.4% rise in third-quarter revenue on Friday, defying sluggish Chinese consumption.
Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus
- Ishiba promised more than ¥10 trillion in outlays on chips, AI — Some of the funds are seen going to foundry startup Rapidus
Alibaba releases 32.5B-parameter QwQ-32B-Preview under Apache 2.0 and claims the “reasoning” AI model beats OpenAI's o1-preview on the AIME and MATH tests
Introduction QwQ-32B-Preview is an experimental research model developed … Ananya Gairola / Benzinga : Alibaba's New AI Model Outperforms OpenAI's o1 In Specific Benchmarks, Now Available For Free Dow...
Sequoia's former China unit HongShan is pushing for deals in Europe and North Asia, as it struggles to deploy $9B due to a weak domestic market and US controls
Neil Shen's HongShan has struggled to invest its $9bn cash pile in a weak domestic market and tough US controls
Didi reports Q3 revenue up 5% YoY to $7.44B and a net income of $128M, its second straight quarterly profit, as the company prepares for a Hong Kong IPO
- China's ride-hailing leader is recovering from a crackdown — The company is now angling to return to capital markets
An ex-staffer sues Binance for dismissing her for allegedly raising concerns about a co-worker taking a bribe; Binance says she was fired for poor performance
Bloomberg :
Sources: ByteDance execs fear that launching its own AI models, or apps powered by the models, in the US could give lawmakers another excuse to attack TikTok
TikTok owner ByteDance, whose artificial intelligence chatbot is a major hit in China, wants to compete worldwide in generative AI.
India's competition watchdog launches a probe into Google's restrictive policies for real-money games on Android, following a complaint by gaming app WinZO
Munsif Vengattil / Reuters :
In a risk assessment submitted to the EU in September 2023, X defended its new approach to content policing and “mission to promote open conversation”
Mathieu Pollet / Politico :
How Altera deployed up to 1,000 AI agents that used LLMs to interact in Minecraft, finding that they formed a remarkable range of personality traits and roles
The way scientific research is conceived is changing. Masha Borak / Biometric Update : AI model that copies human personality opens questions on deepfakes Adeeba Alam Ansari / MarkTechPost : Four Cutt...
The German government plans new chip subsidies, sources say about €2B, two months after Intel shelved plans to build a €30B factory in Magdeburg
Christina Kyriasoglou / Bloomberg :
The EU ends its long-running probe into whether Amazon received illegal tax benefits worth €250M from Luxembourg, where Amazon's EU HQ is, after court losses
Natasha Lomas / TechCrunch :
Filing: Zomato has raised $1B by issuing approximately 336.5M shares at about $3 each, its first major fundraise since its 2021 IPO
Manish Singh / TechCrunch :
Memo: Revolut tells ex-staff who were at the startup for 2+ years and held $100K+ in vested stock that they can join a secondary share sale at a $45B valuation
Aisha S Gani / Bloomberg :
Shopify: Revolutionizing Commerce with Winter Edition '26
Over 150+ new features transform how merchants build, design, and grow—with technology that amplifies creative vision.
Email fatigue is real: Here's how smart email tools help you regain control
Picture this: It's Monday morning. You walk into the office feeling energized and ready to take on the week.
Protecting your Cloud Applications Data
Backing up Office 365, Google Workspace, Dropbox & Box data is critical to preventing data loss or corruption, complying with laws and avoiding critical downtime in case of a disaster.