Formula 1 is back for the Australian Grand Prix, the third round of the 2023 Formula 1 season, set to take place from Friday, March 31 to Sunday, April 2. After dominant shows by Red Bull Racing in the first two rounds, competitors such as Aston Martin, Mercedes, and Ferrari will be hoping to narrow … Read more
The central bank of Australia is tapping into the next, more advanced phase of finetuning its e-currency, named the eAUD. The country, which had been working on developing its central bank digital currency (CBDC) for a while now, has decided to launch the eAUD in its pilot trial phase. The development was confirmed by the … Read more
Facebook and Instagram began a week-long rollout of their first paid verification service on Friday, testing users’ willingness to pay for social media features that until now have been free. Facing a drop in advertising revenues, parent company Meta is piloting a subscription in Australia and New Zealand before it appears in larger markets. The … Read more
An Australian regulator has sent legal letters to Twitter and Google telling them to hand over information about their efforts to stop online child abuse, drawing them into a crackdown that has already put pressure on other global tech firms. The action by the country’s e-safety commissioner keeps a spotlight on the anti-exploitation practices at … Read more
Australia, in a bid to protect its crypto investors from financial risks, has devised a three-stage plan. Australian government’s new plan aims to bring laws to govern crypto token mapping, strengthen legal oversight on crypto transactions, and ensure crypto user protection. The three-point plan seeks to further regulate the cryptocurrency sector in the country. The … Read more