Maani Truu / ABC: Australia plans to introduce legislation that would ban children under 16 from using social media, not exempting those already with accounts or parental consent  —  In short:  —  Social media users under the age of 16 are set to be barred from using social media, under legislation expected to be introduced to parliament this month. Lees verder op Tech Meme

Priyanka.G / Reuters: Bumble reports Q3 revenue down 0.7% YoY to $273.6M, vs. $271.9M est., its first quarterly sales drop since going public in 2021, and 4.3M total paying users  —  Bumble (BMBL.O) posted on Wednesday its first decline in quarterly sales since going public in 2021 and said that it would take longer … Lees verder op Tech Meme

Zaheer Kachwala / Reuters: Take-Two reports Q2 net bookings up 2% YoY to $1.47B, vs. $1.43B est., net revenue up 4% to $1.35B, and sells its Private Division label to an unnamed buyer  —  Take-Two Interactive Software (TTWO.O) beat Wall Street expectations for second-quarter bookings and profit on Wednesday … Lees verder op Tech Meme

Krisztian Sandor / CoinDesk: JPMorgan rebrands its Onyx blockchain unit as Kinexys and plans to add on-chain foreign exchange capabilities as early as Q1 2025, starting with USD and EUR  —  The banking giant was one of the early leaders in applying blockchain tech to traditional financial activities … Lees verder op Tech Meme