* Australia plans to block under-16s from social media in December * Trial finds 'no significant tech barriers' to ban * Trial organisers say age identification software effective By Byron Kaye SYDNEY, June 20 (Reuters) - Some age-checking applications collect too much data and no product works 100% of the time, but using software to enforce a teenage social media...

SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...

MUMBAI (Reuters) -Half a dozen global trading giants, from Citadel Securities and IMC Trading to Millennium and Optiver, are ratcheting up their presence in India's booming derivatives markets, fuelling a hiring spree and pushing exchanges to improve technology. The firms' hiring plans, being reported for the first time, come amid expectations that large domestic consumer and investor bases will help...

June 20 (Reuters) - Several fires were burning in a street in Israel's southern city of Beer Sheva, close to a tech park that houses a Microsoft ( MSFT ) office, CNN reported on Friday. ...