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YouTube says Australia social media ban makes children 'less safe'
YouTube says Australia social media ban makes children 'less safe'
Economy
by  AFP

YouTube on Wednesday attacked Australia's looming social media ban for under-16s, denouncing the world-first laws as "rushed" and saying they will make children less safe online. "This law will not fulfil its promise to make kids safer online, and will, in fact, make Australian kids less safe on YouTube," the company's public policy manager Rachel Lord said in a statement.

Chinese smart glasses firms eye overseas conquest
Chinese smart glasses firms eye overseas conquest
Economy
by  AFP

In China, AI glasses let the wearer pay in shops with just a glance at a QR code and a voice command, as a growing number of companies look to conquer both growing domestic and overseas markets. China's internet-based infrastructure, such as QR payment codes in shops, is "already more developed than in Europe and the United States", said Zhu.

Most Asian markets rise as traders await key US data
Most Asian markets rise as traders await key US data
Economy
by  AFP

Markets mostly rose Wednesday, following a resumption of Wall Street's rally, but gains were muted as investors await the last tranche of US data before next week's Federal Reserve meeting. IG market analyst Fabien Yip wrote: "Friday's core PCE index represents the final major inflation gauge before the Fed's December policy meeting.

Italy's luxury brands shaken by sweatshop probes
Italy's luxury brands shaken by sweatshop probes
Economy
by  AFP

A series of investigations into exploitative work conditions within fashion subcontractors has roiled Italy's luxury industry, with the government decrying attacks on "Made in Italy". Italy's government has gone on the offensive, with Industry Minister Adolfo Urso saying the reputation of Italian brands was "under attack".