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November 29, 2024, 7:15 AM
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| Bloomberg: |
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
More: Associated Press, 9to5Mac, The Economic Times, Silicon Republic, The Independent, The Guardian, BetaNews, The Guardian, Deutsche Welle, The Independent, CNN, Reuters, CleanTechnica, Kyodo News+, Business Today, Tech Xplore, WAGA-TV, ABC, Tech.co, Benzinga, iPhone in Canada Blog, The Sun, The Verge, Engadget, IGN, Silicon Republic, Al Jazeera, Boing Boing, The Indian Express, Newser, Deadline, Meta Australia Policy Blog, and Metro.co.uk
| Ben Westcott / Bloomberg: |
Australia's Senate passes a social media ban for children under 16, brushing aside lawmaker concerns on both sides; tech companies could be fined up to AU$50M — - Australia's social media laws to be among strictest in world — Children under age of 16 will be banned from opening accounts
More: Parliament of Australia, BBC, ABC, Reuters, Prime Minister of Australia, TweakTown, The Economic Times, CCN.com, New York Times, NBC News, Reuters, The Register, Crikey, Agence France-Presse, NEOS KOSMOS, SiliconANGLE, Al Jazeera, Sydney Morning Herald, Mashable, One America News Network, UPI, Washington Post, Wall Street Journal, TechCrunch, 9to5Mac, Associated Press, Los Angeles Times, ABC News, Cybernews.com, and The Mirror
Threads: @camwilsonreporter and @jonathanhaidt
Mastodon: @kate@aus.social and @endeavorance@astral.camp
Bluesky: @pheonixed.bsky.social, @alexboyd.bsky.social, @robynschofield3.bsky.social, @justinling.ca, @danielrubino.com, @carnage4life.bsky.social, @johnspurlock.com, @abbygeek.bsky.social, @newsguy.bsky.social, @mslods.bsky.social, @shalinjyotishi.bsky.social, @drwaus.bsky.social, @mslods.bsky.social, and @joshtaylor.bsky.social
X: @albomp, @willguyatt, @willguyatt, @6newsau, @6newsau, @mattjcan, @ash_craig, @mattjcan, @mattjcan, @willguyatt, @6newsau, and @matt_camenzuli
LinkedIn: George Dunford, Megan Reynolds, Regina Phelps, Sarah Outram, Maria Tibbs, Joseph Tigani, and Andrew Bills
Forums: r/moderatepolitics, r/saskatchewan, r/anime_titties, r/brisbane, r/conspiracy, r/worldnews, r/news, r/law, r/technology, and r/technews
| Victoria Kim / New York Times: |
More: Fortune, The Indian Express, Wccftech, Social Media Today, 9News, The Guardian, New York Times, ABC, Crikey, NewsBytes, The Hill, Althouse, NBC News, Business Insider, Forbes, Just The News, PhoneArena, Reuters, Axios, Bloomberg, Semafor, JURIST, and PetaPixel
Bluesky: @lizhighleyman.bsky.social. X: @lizhighleyman, @shibleytelhami, @senatorshoshana, @matthew_sigel, @johnanzo, @techau, @matt_camenzuli, @eevblog, @techau, and @leo_puglisi6
LinkedIn: Jason Kravitz and Bill Schmarzo
| Ismail Shakil / Reuters: |
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.
More: Government of Canada, Tech Monitor, Computerworld, Wall Street Journal, RTÉ, Bloomberg, Notebookcheck, Associated Press, Proactive, The Hill, Verdict, Neowin, New York Times, Business Insider, UPI, BERNAMA, Engadget, The Economic Times, BetaKit, Toronto Star, theprovince, BBC, SiliconANGLE, Hindustan Times, calgaryherald, Canadian Press, TipRanks Financial, Times Colonist, Globe and Mail, Benzinga, NewsBytes, iPhone in Canada Blog, and Pixel Envy
Bluesky: @kint.bsky.social. X: @compbureau, @chrispavlovski, @paulvieira, @mgeist, @khushitavasant, @jason_kint, @mediamorphis, and @jason_kint. Forums: Slashdot
| Bloomberg: |
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
More: Tech in Asia
| Financial Times: |
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
More: This Week in Fintech and TechCrunch
| Claire Che / Bloomberg: |
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
More: Reuters, DiDi Global, and KrASIA
| Bill Toulas / BleepingComputer: |
ESET researchers find the first UEFI bootkit designed specifically to target Linux systems, marking a shift in bootkits that previously focused on Windows — The first UEFI bootkit specifically targeting Linux systems has been discovered, marking a shift in stealthy and hard-to-remove bootkit threats …
More: BetaNews, WinBuzzer, TechRadar, Ars Technica, DataBreachToday.com, WeLiveSecurity, It's FOSS News, Security Affairs, and WeLiveSecurity
Mastodon: @marcan@social.treehouse … and @marcan@social.treehouse …
X: @matrosov, @esetresearch, @thegrugq, @esetresearch, @esetresearch, @esetresearch, @nixcraft, and @vxunderground
Forums: Hacker News and r/linuxsucks
| Natasha Lomas / TechCrunch: |
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 — Amazon can finally close the book on a long-running state aid saga in the European Union. The Commission confirmed Thursday …
More: European Commission, Engadget, Silicon UK, Euronews, Reuters, and Wall Street Journal. X: @simonvandorpe
| Reuters: |
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 …
More: Bloomberg, Wall Street Journal, Delivery Hero, Forbes ME, Bloomberg, and Tech in Asia
| Casey Hall / Reuters: |
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.
More: South China Morning Post, Meituan, Wall Street Journal, and Bloomberg
| Manish Singh / TechCrunch: |
Filing: Zomato has raised $1B by issuing approximately 336.5M shares at about $3 each, its first major fundraise since its 2021 IPO — Indian food delivery app Zomato has raised $1 billion from institutional investors, completing its first major fundraise since its 2021 IPO.
More: Entrackr, Inc42 Media, Tech in Asia, and YourStory.com
| Christina Kyriasoglou / Bloomberg: |
The German government plans new chip subsidies, sources say about €2B, two months after Intel shelved plans to build a €30B factory in Magdeburg — - Part of a push to build chip supply resilience in Europe — Intel recently delayed a €30 billion chip factory in Magdeburg
More: Reuters, Euronews, TrendForce News, Proactive, Tech Monitor, and Irish Independent
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