Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

News

Big tech urged to pay news publishers $14 billion

Published

on

A recent study conducted by media analysts has suggested that tech giants Google and Meta should allocate a minimum of $14 billion annually to compensate news publishers.

The study highlights the growing concern over the economic disparities between these platforms and the traditional news industry.

According to the study, Google and Meta have seen their ad revenues soar in recent years, largely due to the vast amount of news content shared and discussed on their platforms.

However, news publishers have struggled to monetize their content adequately, leading to a significant imbalance in the digital advertising ecosystem. This has raised questions about the fairness of the arrangement and its impact on the sustainability of journalism.

The debate surrounding this issue has gained momentum as news organizations continue to grapple with declining revenues and the challenges posed by the digital age.

Advocates for news publishers argue that a more equitable distribution of ad revenue is essential to support quality journalism, while critics contend that it may hinder the free flow of information on the internet.

In response to the study’s findings, regulatory bodies and policymakers are expected to consider potential measures to address this issue.

The discussions will likely revolve around the idea of imposing a mandatory payment system, similar to those in place in some European countries, where tech platforms are required to compensate news publishers for using their content.

The outcome of these deliberations could have far-reaching implications for the future of online journalism and the relationship between tech giants and the news industry.

Continue Reading

News

Japan’s PM Takaichi courts Trump with trade offers

Japan’s new PM Takaichi to offer pickups and soybeans to Trump amid trade talks next week

Published

on

Japan’s new PM Takaichi to offer pickups and soybeans to Trump amid trade talks next week

video
play-sharp-fill
In Short:
– Japan’s PM Sanae Takaichi will negotiate with Trump on pickups, soybeans, and natural gas next week.
– Takaichi won’t commit to new defence spending, focusing on strengthening U.S.-Japan relations and investment discussions.
Japan’s new Prime Minister, Sanae Takaichi, is preparing to negotiate with U.S. President Donald Trump next week, aiming to present a package that includes U.S. pickups, soybeans, and natural gas.Takaichi’s administration will not commit to new defence spending at the meeting, despite U.S. pressure for Japan and allies to increase contributions. The meeting will take place during Trump’s first visit to Japan since his re-election, following a prior agreement for Japan to invest up to $550 billion in the U.S. in exchange for lower car tariffs.

Banner

The alliance with the U.S. is crucial to Japan’s foreign and security policy, according to Takaichi. A successful dialogue with Trump could strengthen her government, which operates with a parliamentary minority. Washington’s support is essential for Takaichi to advance her regional security agenda.

Diplomatic Details

Main initiatives include purchasing Ford F-150 pickup trucks, an idea suggested by Trump, and increasing U.S. soybean imports amidst declining exports to China. U.S. pickups are impractical for most Japanese consumers but may find utility in specific roles like snow plowing.

Japan plans to enhance its acquisition of U.S. liquefied natural gas, although it will not initially source from a Trump-favoured Alaskan pipeline. Investment discussions will accompany the trade talks, ensuring that Takaichi maintains commitments made by her predecessor.

In defence, Takaichi seeks to solidify ties with the U.S., with Japan housing a significant U.S. military presence. Japan’s defence strategy will undergo reviews to potentially accelerate military capabilities.


Download the Ticker app

Continue Reading

News

Gold plunges 5% in biggest drop since 2013

Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.

Published

on

Gold prices plummet over 5%, raising global market concerns as investors react, says Chris Weston from Pepperstone.


Gold prices have crashed over 5% in a single day, sparking concerns across global markets and sending investors scrambling.

Chris Weston from Pepperstone breaks down the causes and implications.

#Gold #Markets #Investing #Commodities #GoldCrash #PreciousMetals #ASX #GlobalMarkets #Finance #Trading


Download the Ticker app

Continue Reading

News

Trump and Xi set for high-stakes APEC showdown

Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.

Published

on

Trump and Xi to meet at APEC, seeking to ease trade tensions and revive dialogue amid tariff threats.


President Trump and President Xi Jinping will meet for the first time in six years at the APEC summit, aiming to ease trade tensions and revive dialogue amid tariff threats.

#Trump #XiJinping #APEC #Trade #China #USPolitics #Economy #Tariffs #AsiaPacific #GlobalSummit


Download the Ticker app

Continue Reading

Trending Now