Bill to ban social media use by under-16s arrives in Australia’s parliament

Legislation to ban social media for under 16s has been introduced in the Australian parliament. The country’s Prime Minister, Anthony Albanese, confirmed the plan to curb the use of social media by kids earlier this month, and the bill has now been presented to lawmakers, Reuters reports. Many jurisdictions will be watching the proceedings with interest, […]
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Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation

Here is yet one more sign of the travel industry’s noticeable boom: a major growth round for one of the B2B startups servicing it. Lighthouse, a data analytics platform for hotels and others in the hospitality industry, has closed a Series C of $370 million. The KKR-led round catapults Lighthouse to a valuation of over […]
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British regulators will soon announce competition remedies for the multibillion-pound cloud industry

The U.K. competition regulator will soon announce “behavioral” remedies to address anti-competitive practices in the cloud industry, two sources told CNBC.

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US proposes breakup of Google to end search monopoly

The technology giant could be forced to sell off Chrome to address its illegal monopoly in online search.

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Bitcoin climbs, reaching a new all-time high above $97,000

Bitcoin breached the $97,000 level for the first time Wednesday night as investors continued pricing in a second Donald Trump presidency.

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Selling Chrome Won’t Be Enough to End Google’s Search Monopoly

Despite shared concerns about Google’s power, critics of the company and former executives express little agreement on what, if anything, can really be done to increase competition.

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DOJ pushes for Google to break off Chrome browser after antitrust case

The Department of Justice is pushing a federal judge to make Google divest its Chrome internet browser as a remedy following the antitrust case.

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DOJ: Google must sell Chrome to end monopoly

The United States Department of Justice argued Wednesday that Google should divest its Chrome browser as part of a remedy to break up the company’s illegal monopoly in online search, according to a U.S District Court of the District of Columbia filing. Google would not be allowed to re-enter the search market for five years […]
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WhatsApp will finally let you unsubscribe from business marketing spam

WhatsApp Business has grown to over 200 million monthly users over the past few years. That means there are tons of businesses sending messages to users — and some of these messages could be considered as spam. For customers, the only option was to either let them send messages and offers, or block the business account […]
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India’s Arzooo, once valued at $310M, sells in distressed deal

Arzooo, an Indian startup founded by former Flipkart executives that sought to bring “best of e-commerce” to physical stores, has sold its assets in distressed sale to Moksha Group. The deal follows Arzooo engaging with several startups, including Bengaluru-headquartered Udaan, for potential merger opportunities, according to people familiar with the matter. Arzooo had raised approximately […]
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