Australia to probe Facebook and Google over media disruption allegations
Australia to probe Facebook, Google over media disruption   SYDNEY (Pakistan Press Club) – Australia’s competition regulator said on Monday it would investigate whether U.S. online giants Facebook (FB.O) and Alphabet Inc’s (GOOGL.O) Google have disrupted the news media market to the detriment of publishers and consumers. Like their rivals globally, Australia’s traditional media companies…

Shareholders sue Australia’s Crown Resorts
Shareholders sue Australia’s Crown Resorts over China marketing SYDNEY (Pakistan Press Club) – Australian casino operator Crown Resorts Ltd (CWN.AX) was slapped with a class action lawsuit on Monday for allegedly failing to inform shareholders of a marketing campaign in China that resulted in staff arrests and a slump in the share price. The company…

Australia closes in on first Test victory
Australia closes in on first Test victory Pakistan Press Club – BRISBANE: Australia is headed for victory in the first Ashes Test, with an unbeaten opening partnership putting the home side on the verge of success with a day to go. At stumps on day four, Australia was 0-114, with David Warner not out on…