Upside, a Web3 focused Investment Decentralised Autonomous Organisation (DAO), announced it raised $5 million in capital to deploy in support of the best Web3 startups, with a focus on Australia. To that end, Upside DAO is also announcing the first recipients of its investment funding.
Google has been fined a second penalty of Rs 937.44 crore in India in the span of weeks after the company was accused of abusing its dominant position in the market. Google responded to the penalty by stating that “Indian developers have benefited from the technology, security, consumer protections, and unrivaled choice and flexibility that Android and Google Play provide.
Nine in 10 Australian C-suite executives are concerned that requirements for mandatory disclosure of cyber incidents could lead to a loss of competitive advantage, according to new research from PwC. The company’s 2023 Global Digital Trust Insights Survey also found that 81% of Australian respondents felt that requirements to disclose information to regulators and investors discourage them from sharing information with law enforcement authorities. At the same time, 89% of Australian respondents agreed mandatory disclosures of cyber incidents requiring comparable and consistent formats were necessary to gain stakeholder trust and... Read More >
The U.S. Department of Justice has formally requested the sale of the Chrome browser among other measures following last August’s guilty verdict in its search advertising antitrust suit (not to be confused with last week’s guilty verdict in the adtech antitrust lawsuit). Google is asking for a much narrower focus on deals to be the default search engine for Apple, Mozilla and others. There will be a three-week hearing on the government’s proposals.