QtrendsAustralia is doubling penalties for social media platforms that violate its under-16 ban, raising maximum fines to unprecedented levels. Nvidia's CEO calls China a "great center of technology and industry" amid ongoing US-China chip tensions. Apple hikes iPad and MacBook prices citing rising chip and storage costs driven by the AI boom, with analysts warning iPhones could be next.
Australia is significantly raising penalties for social media platforms that fail to enforce its under-16 ban. The maximum fine will double, putting unprecedented pressure on companies like Meta, TikTok, and X. The move signals Canberra's escalating crackdown on tech platforms over child safety concerns.
Nvidia CEO Jensen Huang described China as a
Apple has raised prices on iPads and MacBooks, blaming increased costs for chips and storage components driven by AI demand. Analysts warn the iPhone line could face similar price hikes. The move has prompted some Chinese consumers to reconsider their upgrade plans.