Australian government on Thursday introduced a bill in parliament that aims to ban social media use for children under 16. The ban carries fines of up to A$49.5 million ($32 million) for social media platforms for systemic breaches. "We know some kids will find workarounds, but we're sending a message to...companies to clean up their act," PM Anthony Albanese said.


Australia to fine social media firms $32 mn for defying under-16 ban

Google CEO Sundar Pichai called Donald Trump to congratulate the US President-elect on winning the election and the call was joined by Trump's close aide and the world's richest person Elon Musk, The Information reported. Earlier, during the elections, Musk had questioned why Google Search showed 'where to vote' results for Kamala Harris but no results for Trump.

Google CEO Sundar Pichai calls Trump, Musk joins call

Bitcoin crossed the $95,000-mark for the first time on Thursday. This comes as the cryptocurrency continues to rally since Donald Trump won the US Presidential elections on November 5. It has risen around $20,000 since then. Analysts believe that Bitcoin will hit the $100,000 milestone soon, amid expectations of pro-crypto regulations under Trump administration.

Bitcoin rises above $95,000 for the first time

Apple India's net profit jumped 23% from ₹2,229.6 crore in FY23 to ₹2,745.7 crore in FY24, according to the company's regulatory filings shared by Tofler. The firm's revenue from operations also jumped over 30% YoY to around ₹67,000 crore. Apple India also transferred ₹3,302 crore in dividends to Apple Operations International, its Ireland-based holding company.

Apple India's profit jumps 23% to ₹2,745 crore in FY24

OpenAI CEO Sam Altman is reportedly seeking investors for a $150-million funding round of a chipmaking startup Rain AI, which could potentially rival NVIDIA. "He has introduced the company to all his investors," a source told the New York Post. Altman was reportedly a major investor in Rain AI's $25-million seed round in 2022.

Sam Altman seeks investors for chipmaking startup Rain AI: Report

Mukesh Ambani's Reliance Industries-backed Addverb Technologies has announced plans to launch a humanoid robot next year. The AI-powered robot will handle '3D' tasks (dull, dirty and dangerous) across industries like retail, energy, and fashion, CEO Sangeet Kumar said. In 2022, Reliance acquired a 54% stake in the Noida-based startup for $132 million.

Reliance-backed Indian startup to launch humanoid robot in 2025

Elon Musk was reportedly engaged in what witnesses described as a "massive blowup" and "huge explosion" during a heated discussion with Donald Trump's adviser Boris Epshteyn. The incident took place at the dinner table at Trump's Mar-a-Lago club. Musk accused Epshteyn of leaking details of Trump's transition to media but Epshteyn said he didn't know what Musk was talking about.

Musk engaged in 'massive blowup' with Trump's adviser Boris Epshteyn: Report

UK-based consulting and accounting firm Deloitte announced its plan to reduce its workforce to tackle the ongoing struggles in the industry. Deloitte layoffs will affect 180 employees from the UK's advisory division as the company aims for restructuring its business. Previously it cut 900 jobs due to the same reasons.

Deloitte laying off 180 employees amid industry struggles

Google recruiter Erica Combs advised candidates to use the 'STAR' method when answering questions during Google's job interviews. "The STAR method is Situation, Task, Action and Results," she said. "Explain the Situation at hand, the Task that you took to fix the situation, the Action items or steps that you took to fix it, and then the Results," she added.

What is the 'STAR' method to ace Google job interviews?

US-based software company Salesforce will reportedly reduce headcount at its newly acquired company called 'Own'. The Salesforce layoffs were announced during a presentation and the company said that it would affect the roles which are not required. The company added that it would 'take a more prudent approach to future purchases'. 