Toast has announced a projected 29% growth in gross profit from its fintech and subscription services by 2025, with a focus on expanding its operations in Australia. The company emphasizes its strategic plans to enhance its market presence and service offerings in the region.

Australia's competition regulator, the ACCC, has filed a lawsuit against Microsoft, accusing the company of misleading approximately 2.7 million customers regarding price increases for Microsoft 365 subscriptions linked to its AI tool, Copilot. The regulator claims that Microsoft failed to disclose the availability of a cheaper "classic" plan during the transition, violating consumer protection laws.