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Big Tech companies to hand over misinformation data to Australia

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Sky News Australia

Internet companies will now be forced to hand over their internal data to the Australian Government

This will allow the country’s media regulator to see how Big Tech companies are handling misinformation and disinformation on their platforms.

Those companies that do not cooperate will have the internet industry code enforced on them all in an effort to reduce the spread of fake news and information online.

The move by the Australian Communications and Media Authority comes after a report found that 80% of Australian adults have come across misinformation about coronavirus.

The majority of those impacted believed that these online platforms should be acting to stop or limit the amount of false information.

Europe has also made similar decisions set to take effect by the end of the year.

The European Union plans to toughen these measures even further in light of the disinformation presented by Russian state-owned media in relation to the invasion of Ukraine.

Australia’s Communications Minister Paul Fletcher says “digital platforms must take responsibility for what is on their sites and take action when harmful or misleading content appears”.

Misleading content was most commonly found on larger services including Facebook and Twitter where misinformation was often presented as highly emotive and amplified.

Natasha is an Associate Producer at ticker NEWS with a Bachelor of arts from Monash University. She has previously worked at Sky News Australia and Monash University as an Online Content Producer.

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Warner Brothers & Discovery considers splitting up to boost stock value

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Warner Bros Discovery is considering a strategic breakup to enhance its stock performance, according to a Financial Times report.

The potential move aims to unlock value by separating its media assets from its reality TV and lifestyle businesses.

This decision follows pressure from investors to improve stock performance, amidst challenges in the media industry #featured #trending

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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