Angus Whitley

Snap Inc. will start checking many users’ ages in Australia as it prepares for a world-first social media ban for under-16s next month.

Macquarie Asset Management offered to buy Qube Holdings Ltd. in an A$11.6 billion ($7.5 billion) deal, seeking to add the Australian ports and rail company to a stable of infrastructure investments worldwide.

Meta Platforms Inc. warned of significant difficulties identifying and removing underage users as it prepares to comply with Australia’s world-first social media ban for under-16s next month.

Billionaire Atlassian Corp. co-founder Scott Farquhar has hardly slackened off since quitting as co-chief executive officer last year. He’s now super fit, roams the world and schedules one-on-ones with his kids.

From Dec. 10, young teenagers in Australia will be banned, under new legislation, from social media platforms such as Facebook, Instagram and TikTok — in one of the toughest online crackdowns in the democratic world.

Australia broadened its social media ban for under-16s to include some second-tier platforms including Reddit, a little more than a month before the world-first legislation takes effect.

Australia’s richest person Gina Rinehart, who happens to be a fan of Donald Trump, is profiting from the push to reduce global reliance on China’s minerals supply chain.

Optus Chief Executive Officer Stephen Rue said he has no plans to step down following September’s fatal emergency call outage as his leadership and the phone company came under fire in Australia’s parliament.

WiseTech Global Ltd. Chairman and founder Richard White, whose share trading is being investigated by the securities regulator, is so integral to the business that his departure could wipe as much as A$9.3 billion ($6.1 billion) off the company’s value, according to Morningstar Inc.

James Hardie Industries Plc investors ousted Chair Anne Lloyd in a forceful backlash after the company pushed through a divisive $8.4 billion acquisition of home-decking provider AZEK Co. without holding a shareholder vote.