Money

The top court fight Youtube has finally won

Published

3 years ago

June 22, 2021

Youtube has won a top court fight in the EU.

Europe’s top court has confirmed that Google-owned Youtube as well as other tech companies are not liable for copyright-infringing works uploaded by users onto their platforms under certain conditions.

The case marks the latest development in a long-running battle between Europe’s $1 trillion creative industry and online platforms.

“As currently stands, operators of online platforms do not, in principle, themselves make a communication to the public of copyright-protected content illegally posted online by users of those platforms,”
the EU Court of Justice said.

YouTube found itself in hot water following a lawsuit filed against them by music producer Frank Peterson.

Peterson had sued the company and Google in Germany over the uploading to YouTube by users in 2008 of several clips to which he holds the rights to.

EU Top Court: Youtube Not Liable For User Copyright Breaches Under Certain Conditions
— First Squawk (@FirstSquawk) June 22, 2021

In a second case, publishing group Elsevier took legal action against file-hosting service Cyando in Germany after its users uploaded several Elsevier works on its platform Uploaded in 2013 without its approval.

The German court subsequently sought advice from the EU Court of Justice, which ruled on both cases on Tuesday.

Money

Why the meme-stock frenzy is unlikely to repeat

Published

5 days ago

May 14, 2024

Nathan Langridge

GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

Money

Why are airlines after the Biden Administration?

Published

5 days ago

May 14, 2024

Nathan Langridge

Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

Money

The mounting pressure on Government spends

Published

6 days ago

May 13, 2024

ticker NEWS

Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending