World News

FIFA has abandoned its proposal to sell a 20% stake in a new unit managing World Cup events, intended to raise $4.2 billion, following significant opposition from member associations, particularly UEFA. President Gianni Infantino acknowledged the divisions the plan caused and confirmed the project’s discontinuation.

Australia plans to double penalties for social media companies failing to enforce its under-16 ban, raising fines from 49.5 million to 99 million Australian dollars. The eSafety Commissioner will gain enhanced powers amid ongoing investigations into platforms like Facebook, Instagram, and TikTok, as many children reportedly bypass age restrictions.

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