Articles by Byron Kaye

Australian Publisher Urges Government to Compel Facebook to Negotiate Content Deal

SYDNEY – A small Australian publisher is calling for the government to enforce a new law to compel Facebook Inc to negotiate a content deal, prompting the architect of the rule to say he was “concerned” about the social media …

CNN Prevents Australians From Accessing Its Facebook Pages, Citing Defamation Risk

SYDNEY – CNN said it is preventing Australians from accessing its Facebook Inc pages after a court ruled that publishers can be liable for defamation in public comment sections and the social media firm refused to help it disable comments …

Australia’s Westpac Expects $578M Fine for Money Laundering Linked to Child Abuse

Australia’s Westpac Banking Corp said it expects a A$900 million ($578 million) fine over accusations it enabled millions of illegal payments including between known child sex offenders, the first time it has put a price on the scandal. The country’s …

Westpac’s Money Laundering Breaches Gave ‘Free Pass to Pedophiles:’ Australia Official

Australian Home Affairs Minister Peter Dutton said Westpac Banking Corp. must pay the price for giving “a free pass to pedophiles” as the corporate watchdog began investigating the lender over millions of breaches of money laundering laws. Dutton is the …

Australia Inquiry into Bank Misdeeds Could Trigger Sweeping Financial Sector Reform

An inquiry that has exposed rampant greed and wrongdoing in Australia’s major banks and wealth managers wraps up this week ahead of a final report which could trigger sweeping reform of the financial sector of the world’s 12-largest economy. Dismissed …

Australia’s Financial Services Probe Highlights Need for Corporate Ethical Training

When Nick Wailes started as the head of Australia’s top-ranked business graduate school in February, he already had the idea of offering a course to address a shortfall of training in ethical leadership. A few weeks later, the country’s most …

Australia Bans China’s Huawei from Supplying Mobile Equipment, Citing Hacking Risks

Australia has banned Chinese telecoms firm Huawei Technologies Co Ltd. from supplying equipment for a 5G mobile network, citing risks of foreign interference and hacking which Beijing dismissed as an “excuse” to tilt the playing field against a Chinese firm. …

Australian Tech Entrepreneur Confirms He Is Bitcoin Creator: BBC Report

Australian tech entrepreneur Craig Wright told the BBC on Monday he was the creator of controversial digital currency bitcoin, ending years of speculation about a person who until now has gone by the name of Satoshi Nakamoto. The BBC said …