Business

Google and FB risk big fines under draft Australian news law

Google and Facebook would risk multimillion-dollar fines if they failed to comply with proposed legislation introduced into the Australian Parliament on Wednesday that would make the tech giants pay for journalism they display.

Sotheby's sees $16.8 million in first NFT sale

Sotheby's hosted its first sale of art supported by NFTs, the trendy authentication technology, by artist Pak, with the works bringing in $16.8 million, the auction house said Wednesday.

Internet

Australian leader has 'constructive' talk with Google boss

The Australian prime minister said he had a "constructive" meeting on Thursday with the head of Google after the tech giant threatened to remove its search engine from Australia over plans to make digital platforms pay for ...

Business

Call to reform Big Tech's financial reporting rules

A permissive financial disclosures regime allows Big Tech companies to conceal their market power, increase profit margins, and expand digital platform dominance, according to a new report by a UCL-led team of researchers.

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