Australian kids overlook social media age checks

A recent report by Australia’s eSafety regulator reveals that children in the country are finding it easy to bypass age restrictions on social media platforms. The findings come ahead of a government ban, set to take effect at the end of 2025, that will prevent children under the age of 16 from using these platforms. The report highlights data from a national survey on social media use among 8 to 15-year-olds and feedback from eight major services, including YouTube, Facebook, and TikTok.

The report shows that 80% of Australian children aged 8 to 12 were using social media in 2024, with YouTube, TikTok, Instagram, and Snapchat being the most popular platforms. While most platforms, except Reddit, require users to enter their date of birth during sign-up, the report indicates that these systems rely on self-declaration, which can be easily manipulated. Despite these weaknesses, 95% of teens under 16 were found to be active on at least one of the platforms surveyed.

While some platforms, such as TikTok, Twitch, and YouTube, have introduced tools to proactively detect underage users, others have not fully implemented age verification technologies. YouTube remains exempt from the upcoming ban, allowing children under 13 to use the platform with parental supervision. However, eSafety Commissioner Julie Inman Grant stressed that there is still significant work needed to enforce the government’s minimum age legislation effectively.

The report also noted that most of the services surveyed had conducted research to improve their age verification processes. However, as the law approaches, there are increasing calls for app stores to take greater responsibility for enforcing age restrictions.

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Trump discusses TikTok sale with China

President Donald Trump confirmed on Wednesday that he was in active discussions with China over the future of TikTok, as the US seeks to broker a sale of the popular app. Speaking to reporters aboard Air Force One, Trump revealed that talks were ongoing, underscoring the US government’s desire to address national security concerns tied to the app’s ownership by the Chinese company ByteDance. The move comes amid growing scrutiny over TikTok’s data security practices and potential links to the Chinese government.

The Trump administration has expressed concerns that TikTok could be used to collect sensitive data on US users, raising fears about national security risks. As a result, the US has been pushing for ByteDance to sell TikTok’s US operations to an American company. This would be part of an effort to reduce any potential influence from the Chinese government over the app’s data and operations. However, the process has faced complexities, with discussions involving multiple stakeholders, including potential buyers.

While the negotiations continue, the future of TikTok remains uncertain. If a sale is not agreed upon, the US has indicated that it could pursue further actions, including a potential ban of the app. As these talks unfold, the outcome could have significant implications for TikTok’s millions of American users and its business operations in the US, with both sides working to find a solution that addresses the security concerns while allowing the app to continue its success.

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Hong Kong explores new virtual asset regulations

Hong Kong is considering approving derivatives and margin lending for virtual assets, aiming to strengthen its position as a global hub for digital assets, according to the Securities and Futures Commission (SFC). This move is part of the city’s broader strategy, initiated in 2022, to become a leading virtual asset trading centre, particularly after China’s cryptocurrency ban in 2021. The SFC’s CEO, Julia Leung, announced the potential inclusion of derivative products and margin lending for professional investors, highlighting ongoing efforts to enhance Hong Kong’s competitiveness in the sector.

As part of its regulatory push, the city has already issued nine virtual asset trading platform licences, with more applications under review. One such licence was granted to Bullish Group, the parent company of CoinDesk. Additionally, financial secretary Paul Chan noted that the government is working on advancing regulations for stablecoins, further solidifying Hong Kong’s ambitions in the digital asset space.

The city will soon release a detailed roadmap for virtual asset growth, which will outline future plans. Meanwhile, Hong Kong competes with cities like Singapore and Dubai, also striving to become leading centres for digital finance. The latest developments come amid a broader global shift in the cryptocurrency market, which has seen significant interest from institutional investors following regulatory changes in the US under President Trump.

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Two charged after pensioner loses over £100,000 in cryptocurrency fraud

Two men have been charged in connection with a cryptocurrency fraud that saw a 75-year-old man from Aberdeenshire lose more than £100,000. The case, reported to police in July, led to an extensive investigation by officers from the north east division CID.

Following inquiries, officers travelled to Coventry and Mexborough on Tuesday, working alongside colleagues from West Midlands Police and South Yorkshire Police.

The coordinated operation resulted in the arrests of two men, aged 36 and 54, who have now been charged in relation to the fraud allegations.

Police have not yet disclosed details of how the scam was carried out, but cryptocurrency frauds often involve fake investment schemes, phishing scams, or fraudulent trading platforms that lure victims into handing over money with promises of high returns.

Many scams also exploit a lack of regulation in the digital currency sector, making it difficult for victims to recover lost funds.

Authorities have urged the public to remain vigilant and report any suspicious financial activity, particularly scams involving cryptocurrencies.

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India faces AI challenge as global race accelerates

China’s DeepSeek has shaken the AI industry by dramatically reducing the cost of developing generative AI models. While global players like OpenAI and Microsoft see potential in India, the country still lacks its own foundational AI model.

The Indian government aims to change this within 10 months by supplying high-end chips to startups and researchers, but experts warn that structural issues in education, research, and policy could hold back progress.

Despite being a major hub for AI talent, India lags behind the United States and China in research, patents, and funding. State-backed AI investments are significantly smaller than those in the two superpowers, and limited private investment further slows progress.

The outsourcing industry, which dominates India’s tech sector, has traditionally focused on services rather than developing AI innovations, leaving startups to bridge the gap.

Some industry leaders believe India can still make rapid advancements by leveraging open-source AI platforms like DeepSeek. However, long-term success will require building a strong research ecosystem, boosting semiconductor production, and securing strategic autonomy in AI.

Without these efforts, experts caution that India may struggle to compete on the global AI stage in the coming years.

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AI sizing tools aim to reduce fashion returns

Online fashion retailers are increasingly using artificial intelligence to tackle the costly issue of clothing returns, with up to 30% of purchases being sent back due to sizing problems. A study by McKinsey estimates that each return costs between $21 and $46, significantly affecting profit margins. Many customers order multiple sizes and return those that don’t fit, creating logistical headaches for retailers.

To address this, companies are adopting AI-driven sizing tools. French start-up Fringuant, for instance, uses an algorithm that analyses a shopper’s height, weight, and a quick selfie to predict the best size. Zalando, a German e-commerce giant, has also implemented its own AI-powered tool that guides customers by comparing their body shape with garment dimensions. These technologies are already helping some brands reduce return rates significantly.

Beyond sizing, AI is also improving warehouse operations to prevent shipping mistakes. Smart cameras on order pickers’ trolleys at logistics firms help ensure the right product is selected, while AI-equipped robots track stock levels, reducing errors that lead to returns. As online shopping continues to grow, retailers hope these innovations will streamline processes and boost efficiency.

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Young people rely on social media for political news

A growing number of young Europeans are turning to social media platforms like TikTok, Instagram, and YouTube as their primary news source, surpassing traditional outlets such as TV and print media. According to the latest European Parliament Youth Survey, 42% of people aged 16 to 30 rely on social media for news about politics and social issues. This shift highlights changing preferences toward fast-paced, accessible content but also raises concerns about the growing risk of disinformation among younger generations.

Younger users, especially those aged 16 to 18, are more likely to trust platforms like TikTok and Instagram, while those aged 25 to 30 tend to rely more on Facebook, online press, and radio for their news. However, the rise of social media as a news source has also led to increased exposure to fake news. A report from the Reuters Institute revealed that 27% of TikTok users struggle to identify misleading content, while Instagram has faced criticism for relaxing its fact-checking systems.

Despite being aware of the risks, young Europeans continue to engage with social media for news. A significant 76% of respondents reported encountering fake news in the past week, yet platforms like Instagram remain the most popular news sources. This trend is impacting trust in political institutions, with many young people expressing scepticism toward the EU and skipping elections due to a lack of information.

The reliance on social media for news has shifted political discourse, as fake news and AI-generated content have been used to manipulate public opinion. The constant exposure to sensationalised false information is also having psychological effects, increasing anxiety and confusion among young people and pushing some to avoid news altogether.

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Japan’s AI adoption lags behind global trends

Despite 61 percent of Japanese people being aware of generative AI, only 9 percent have used it, a recent survey by the Nomura Research Institute revealed. Younger generations show higher adoption rates, but overall public hesitation remains, particularly among older age groups.

As Japan faces a declining workforce, the government and businesses see AI as a potential solution to boost productivity. However, concerns over privacy, security, and misinformation have slowed adoption. Financial market disruptions and regulatory actions against AI models, such as China’s DeepSeek, have further intensified scepticism.

While some companies, particularly in labour-strapped industries, are beginning to implement AI, a shortage of specialists and a lack of reliable information present significant challenges. Despite these hurdles, Japan is pushing forward with AI development, with initiatives like SoftBank’s partnership with OpenAI and government plans to regulate and promote AI use in a ‘safe and secure’ manner.

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Google settles tax dispute in Italy for 326 million euros

Milan prosecutors have announced plans to drop a case against Google’s European division after the company agreed to settle a tax dispute by paying 326 million euros (£277 million). The settlement covers the period from 2015 to 2019, including penalties, sanctions, and interest.

The tax dispute stemmed from allegations that Google had failed to file and pay taxes on revenue generated in Italy, based on the digital infrastructure it operates within the country. This comes after the company settled a previous tax case with Italian authorities in 2017 by paying 306 million euros, which acknowledged Google’s permanent presence in Italy.

In 2023, Italy had requested that Google pay 1 billion euros in unpaid taxes and penalties. However, with this latest settlement, the case against the tech giant appears to be resolved for now.

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French AI firm expands focus to the Middle East

French AI company Mistral has introduced Mistral Saba, a language model tailored for Arabic-speaking users. Unlike its previous general-purpose models, Saba is designed to handle Arabic content more naturally and effectively, positioning Mistral as a competitor to US-based AI giants. The model also demonstrates strong performance in certain Indian languages due to cultural and linguistic overlaps.

The move signals Mistral’s growing interest in the Middle East, a region with increasing demand for AI-driven services. By offering an off-the-shelf model for Arabic-language support and content generation, the company aims to attract regional businesses and potential investors. Mistral has already secured funding from major US firms, but future investments from Middle Eastern partners could strengthen its global standing.

Mistral Saba is accessible via API and can be deployed on-premise, making it particularly appealing to industries such as finance, healthcare, and energy, where data privacy is crucial. The company has hinted at plans to develop more regional AI models, reinforcing its commitment to multilingual AI solutions, not just in France.

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