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flag Australia scraps plan to fine tech firms for misinformation but pushes forward with social media ban for under-16s.

flag Australia has decided to drop plans to fine tech companies for failing to control misinformation, due to significant opposition in the Senate. flag The proposed bill aimed to impose fines of up to 5% of a company's annual revenue. flag Despite this, Australia is still pushing ahead with a new law to ban children under 16 from social media, with potential fines of over $30 million for companies that don't comply.

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