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TECH GIANTS AUSTRALIA
Australia hikes levy for tech giants that fail to strike local news dealsAustralia's government has raised a planned levy on tech giants. This charge will apply if they fail to reach news deals. The levy now stan...- South Korea’s Kospi index jumps more than 16% on a surge of chipmaking stocksSouth Korea's Kospi index saw a significant jump, mirroring Wall Street's positive performance. AI-related stocks experienced a strong rebo...
- D-St set for a positive opening as GIFT Nifty signals firm startIndian benchmark indices opened flat and traded in a choppy, volatile range. Analysts suggest the index may head towards resistance at 24,5...
- Paramount delays closing Warner buyout while judge considers states' challengeParamount said in a filing Friday that it won't close its Warner buyout until either a court ruling is made on the states' claims or June 1...
- France bans social media access for children under 15; becomes 1st European country to bar kids from apps such as TikTokFrance has banned children under fifteen from using social media platforms. This new legislation also prohibits mobile phones within French...
- Global Market Today: Asian stocks drop after chip selloff, oil gainsAsian stocks declined as chipmakers pulled down Wall Street amid valuation concerns. Oil prices climbed higher this week due to escalating ...
- EU tells Meta to change Facebook, Instagram's 'addictive design'The European Union has warned Meta to alter Facebook and Instagram's addictive design features. Brussels accuses the tech giant of failing ...
- Netflix strikes deals in short-form video pushNetflix is pushing deeper into the short-form video territory dominated by TikTok and YouTube, striking licensing deals with a slate of maj...
- D-Street set for a negative opening as GIFT Nifty trades lowerDomestic markets ended lower after a four-session winning streak on Tuesday. Profit booking and weakness in Realty and Metals stocks impact...
- Australia's teen social media ban fails to clear first hurdle in age checks, says studyAustralian online platforms are failing initial age checks for a teen social media ban. Studies show most under-16s can still access platfo...
- Australia's teen social media ban fails to clear first hurdle in age checks, says studySince December, Australia's new social media law has mandated that platforms including Instagram, Snapchat and YouTube bar people under 16 ...
- Australia to give regulator more power to pursue Big Tech over under-16 banPrime Minister Anthony Albanese said there were still too many children on social media and tech firms were not doing enough to comply with...
- Australia teen social media ban has little impact: researchAustralia's social media ban for under 16s has had little impact on teenagers' scrolling habits, researchers said Thursday in one of the fi...
- India shows that forcing teens off their phones isn’t always goodThe UK's initiative to restrict social media access for individuals under 16 mimics India's stance, rooted in fears surrounding child well-...
- Sarvam joins unicorn club; Razorpay lines up IPOFresh funding has propelled Sarvam AI into the unicorn club. This and more in today’s ETtech Top 5.
- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- Australia's lower house passes bill for biggest overhaul of taxes in decadesAustralia's parliament has approved a major tax reform. The government is curbing tax breaks for property investors to boost housing afford...
- Meta lashes Australia's bid to make tech giants pay for newsTech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently ...
- View: US-India relations need more than Trump calls and warm wordsMarco Rubio's visit aimed to mend US-India ties, emphasizing strategic importance amid political challenges. While progress was noted in ar...
- AirTrunk to invest $21 billion in India data centreAirTrunk, backed by Blackstone, will invest over $21 billion in a new data centre in Maharashtra's Raigad Penn Growth Centre. This facility...
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