Facebook signs deals with three more Australian media firms

Australia’s parliament passed landmark legislation on Thursday requiring global tech giants to pay for news content. Facebook Inc says it has signed preliminary deals with three Australian media firms, a day after the country’s Parliament passed a law forcing it to pay media companies for using content on its platform. Facebook said it signed partnership […]

India tightens regulatory grip on social media companies

Facebook, Twitter and others will be obliged to remove content within 36 hours of receiving a legal order, according to the new rules. India has announced new rules to regulate content on social media, making Facebook, WhatsApp, Twitter and others more accountable to legal requests for the swift removal of posts and sharing information on […]

India plans new social media controls after face-off with Twitter

New Delhi, angry with Twitter for ignoring request to erase accounts, wants content down within 36 hours when asked. Chafing from a dispute with Twitter, India plans to oblige social media companies to erase contentious content fast and assist investigations, according to a draft regulation. New Delhi’s planned Intermediary Guidelines and Digital Media Ethics Code […]

Australia passes law making Facebook and Google pay for news

The legislation could provide a framework for other countries looking to address platforms’ dominant position. Australia’s parliament passed landmark legislation on Thursday requiring global technology giants to pay for the news content shared on their platforms, in a move that is being closely watched around the world. The law was passed after a last-gasp deal […]

Facebook to invest $1bn in news business after Australia dispute

Facebook restored Australian news pages Tuesday, ending an unprecedented weeklong blackout over a proposed law that would require tech giants to pay traditional media companies for their content. Facebook Inc on Wednesday pledged to invest at least $1bn in the news industry over the next three years, days after a high-profile standoff with the Australian government over paying news […]

Trump supporters, conspiracists shift to new social media sites

Gab instead of Twitter, MeWe over Facebook, Telegram for messaging and Discord for insiders – banned from mainstream platforms, US conspiracy and supremacist movements, many of which support Donald Trump, have shifted to networks that are more confidential, and harder to regulate. “The most extreme Trump supporters were already on alternative platforms,” said Nick Backovic, […]

Facebook agrees to restore Australian news pages

Australia and Facebook have been in a standoff for more than a week over a draft law that will force tech giants to pay for news. Facebook has agreed to restore Australian news pages after the government offered amendments to legislation that would force tech giants to pay for media content displayed on their platforms. […]

Australia pulls health notices from Facebook after news blackout

Facebook is playing hardball over a government plan to force technology giants to pay for the news on their platforms. Australia’s health department will no longer advertise on Facebook, it has announced, the latest escalation of the government’s feud with the social media giant over a new law that is designed to force the technology […]

Australia: Facebook has ‘tentatively friended’ us again

Australian PM Scott Morrison says his government is again in talks with tech giant as standoff results in decline of traffic to country’s news sites. Facebook Inc is back at the negotiating table, Australian Prime Minister Scott Morrison said on Saturday after the tech giant this week blocked news on its site in the country. […]

US bipartisan bill could empower news outlets to take on Big Tech

An antitrust bill would allow smaller news outlets to negotiate collectively with Facebook and Google, Reuters reports. Members of the United States Congress from both parties plan to introduce a bill in coming weeks to make it easier for smaller news organisations to negotiate with Big Tech platforms, Representative Ken Buck, the top Republican on […]

‘Sorry’: Brokerage chief at heart of GameStop saga apologises

The head of trading app Robinhood and Wall Street hedge fund managers fielded a barrage of questions in the United States Congress about their role in the GameStop trading frenzy, at times being cut off by irate policymakers who found their answers wanting. Financial heavyweights including billionaire Republican mega-donor and Citadel CEO Ken Griffin defended […]

Australia to push ahead with media law despite Facebook blackout

Australian Prime Minister Scott Morrison promised on Friday to press ahead with a new law to force Facebook to pay media organisations for their content after a news blackout triggered outrage not only in Australia but in other countries where governments are considering similar laws. Facebook stopped its 13 million Australian users from viewing and […]

Facebook blocks news content in Australia in dispute over new law

Facebook has blocked Australian users of its platform from reading and sharing local and international news, stepping up its campaign against government plans to force technology giants to pay publishers for their news content. “The proposed law fundamentally misunderstands the relationship between our platform and publishers who use it to share news content,” Facebook said […]

App flap: Twitter’s India troubles give local rival Koo a lift

Koo has a fraction of Twitter’s users but surged recently after endorsements by Indian politicians amid a row between the US site and the Indian government. An Indian alternative to Twitter Inc. is experiencing a surge in popularity after the U.S. microblogging site clashed with the country’s government, a sign of the growing political challenges […]

Parler, the conservative social media platform, back online

Removed from web hosting services in January, Parler is a favourite of conservatives who decry ‘censorship’. Parler, the social media platform popular among conservatives, is back online and ready to take on “big tech”, the company announced on Monday. The platform was de-hosted by Amazon in January after the January 6 Capitol riot that attempted […]

Doge days: Elon Musk and Tesla place double bet on cryptocurrency

What does the world’s richest person buy his baby? Cryptocurrency, apparently. Tech magnate and Tesla CEO Elon Musk tweeted the latest in a long string of social media posts boosting the prospects of Dogecoin this week by saying he planned to keep it in the family. “Bought some Dogecoin for lil X, so he can […]

India top court notice to gov’t, Twitter on social media content

Supreme Court asks for their response to plea seeking mechanism to check fake news, hate messages, and ‘seditious and incendiary’ content. India’s Supreme Court has asked for the government and Twitter’s response to a petition seeking a mechanism to check fake news, hate messages and what officials consider seditious and incendiary content on social media […]

Why is everyone talking about Clubhouse? Some say it’s FOMO

Clubhouse, the invitation-only audio chat app, exploded in popularity during the coronavirus pandemic when people could not get together in person – but now the once niche platform has far higher goals. Launched less than a year ago, Clubhouse – which recently encountered a censorship hiccup in China – is looking to establish itself as […]

Billionaire girls club: Dating app CEO’s success story

A company catering to women and led by women has made its 31-year-old female founder a billionaire. Bumble Inc., the owner of the dating app where women make the first move, sold shares in its upcoming trading debut at $43, valuing Chief Executive Officer Whitney Wolfe Herd’s stake at more than $900 million and lifting her overall […]

India legislators move to rival Koo as row with Twitter escalates

India has rebuked Twitter for not complying with its orders to take down certain content and warned the social media giant that it needs to obey local laws, even as Indian legislators urged their followers to switch to a homegrown rival, Koo. India has ordered Twitter to remove more than 1,100 accounts and posts that […]

EU nations unite ahead of WhatsApp, Skype privacy talks

European Union members’ decision to take a joint stance in the privacy talks represents the end of a three-year impasse. European Union countries on Wednesday agreed to take a joint position in forthcoming negotiations with EU lawmakers and the European Commission on planned privacy rules governing Facebook’s WhatsApp and Microsoft’s Skype, ending a three-year impasse. […]

TikTok sale to Walmart, Oracle put on ice by Biden team: Report

The WSJ reported the sale of the popular video-sharing app has been delayed indefinitely as the Biden administration reviews actions taken by Trump administration vis-a-vis Chinese tech firms. TikTok’s forced sale to Walmart Inc. and Oracle Corp. has been shelved indefinitely as the Biden administration takes on a broad review of national security risks posed […]