Australian financial group Perpetual Limited $PPT, a key player in asset management and corporate trust services, has announced receiving a revised bid from global investment giant KKR & Co Inc. $KKR. This offer, however, is accompanied by commercial terms that are yet to be finalized. The proposed acquisition, despite its potential, faces scrutiny due to tax-related challenges and shareholder concerns.  

In recent decades, the rapid development of technology and the pervasive spread of the internet into everyday life have necessitated regulation of the digital space. Recognizing the importance of protecting young people online, Australia has enacted new laws restricting access to several popular social platforms for those under 16 years old. Interestingly, YouTube, owned by Alphabet $GOOGL, remains accessible to all ages, having been recognized as a significant educational tool.