Australia to double penalties for social media U-16 ban violations
Australia is significantly increasing the financial penalties for social media platforms that fail to comply with its ban on users under 16. The maximum penalty will be doubled, sending a strong signal to tech companies operating in the country. This move is part of Australia's broader effort to enforce stricter online safety regulations for minors. The ban and the increased penalties apply to major platforms including those owned by Meta and ByteDance.
China has reportedly built the world's fastest supercomputer, defying US export restrictions on advanced chips. The achievement highlights China's growing technological independence in the face of Western sanctions. Nvidia CEO Jensen Huang praised China as a 'great center of technology and industry,' adding credibility to the country's tech ambitions. Meanwhile, US memory maker Micron is being touted by Wall Street as the 'next Nvidia' in the chip sector.
New leaks suggest Apple is working on a touchscreen MacBook that could launch sooner than expected, without requiring the next-generation M7 chip. Reports also indicate that the upcoming Mac Studio will feature an M5 Ultra chip alongside improved cooling. Leaked iPhone 18 Pro motherboard schematics point to Apple's next-generation thermal management system. These developments signal a significant hardware refresh cycle across Apple's product lineup.
Apple has increased prices on iPads and MacBooks, attributing the hikes to rising chip and component costs driven by the AI boom. Analysts warn that iPhones could be next in line for price increases as memory and storage costs continue to soar. Some Chinese consumers are already delaying upgrade plans in anticipation of higher iPhone prices. Critics also note that Apple's premium pricing for RAM upgrades on its Mac lineup has reached historically high levels.