Tech

TikTok will be included in government’s News Media Bargaining Code

Published

2 years ago

January 22, 2024

The Australian government has expressed its intention to consider including TikTok in the revised News Media Bargaining Code, alongside tech giants Google and Meta.

Assistant Treasurer Stephen Jones revealed the government’s stance, suggesting that TikTok should be encompassed within the code, which mandates tech giants to financially support Australia’s news media.

“TikTok is carrying media but is not included. I believe TikTok should be included. That’s the obvious move at this moment,” Jones stated in an interview with The Australian.

The News Media Bargaining Code, introduced in February 2021, obliges technology giants like Google and Meta to make payments for utilizing content produced by news organizations.

The primary objective of this code is to address the prevailing imbalance between foreign tech giants and smaller media entities.

Jones emphasised that, despite the fact that Google and Meta have already entered into over 30 commercial agreements following the code’s implementation, there are numerous other social media platforms that continue to utilize news media content without financial compensation.

Employ government powers

Furthermore, Jones asserted that while tech companies and social media platforms are expected to engage in good faith negotiations for new commercial agreements, the government possesses the authority to employ its powers under the code, and it is not hesitant to do so when necessary.

In response to these developments, TikTok declined to provide a comment.

This announcement follows Nine Entertainment’s CEO, Mike Sneesby, advocating for the consideration of video content in the renegotiation of news media bargaining code deals.

This request came after Facebook and Instagram demonstrated an increased focus on video content within their platforms.

Speaking at Nine’s Annual General Meeting (AGM) in the previous year, Sneesby pointed out the significant rise in the utilisation of video content, encompassing news, sports, and entertainment-related content, on Facebook and Instagram’s Reels platforms.

Tech

OpenAI and Anthropic launch faster, smarter AI tools for enterprise coding

OpenAI and Anthropic launch advanced coding models, revolutionizing enterprise software development and intensifying the AI tooling competition.

Published

6 hours ago

February 6, 2026

Harvey Vargas

OpenAI and Anthropic launch advanced coding models, revolutionising enterprise software development and intensifying the AI tooling competition.

OpenAI and Anthropic have unveiled powerful new AI coding models aimed at transforming enterprise software development. GPT-5.3 Codex operates 25% faster than its predecessor, tackling complex tasks and following real-time directions without losing context.

Claude Opus 4.6 introduces ‘agent teams’, allowing multiple AI agents to work on tasks simultaneously. The update also includes a one-million-token context window, enabling large volumes of text and code to be processed in a single prompt.

GitHub now supports multiple coding agents, letting developers compare AI approaches on the same problems. Both OpenAI and Anthropic are pushing for enterprise adoption, highlighting the potential for professional applications across industries.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

#AI #MachineLearning #TechNews #EnterpriseTech #OpenAI #Anthropic #SoftwareDevelopment #Coding

Tech

Nvidia and Amazon explore massive OpenAI funding round

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

Published

4 days ago

February 2, 2026

Harvey Vargas

Nvidia CEO downplays $100B OpenAI investment, as Amazon eyes $50B stake in AI startup

In Short:
– OpenAI aims to raise up to $100 billion, with Amazon considering a $50 billion investment.
– Funding will support Project Stargate and address projected losses of $14 billion by 2026.

Nvidia’s CEO has confirmed the company will participate in a major funding round for OpenAI, though the previously mentioned $100 billion commitment is not final.

This investment comes as OpenAI seeks to raise up to $100 billion, potentially valuing the AI startup at around $830 billion. Amazon is also reportedly in discussions to contribute up to $50 billion.

The funding is intended to support OpenAI’s ambitious $500 billion Project Stargate, aimed at pushing the boundaries of artificial intelligence.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker

News

Big Tech earnings spark investor unease over AI spending

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Published

1 week ago

January 30, 2026

Harvey Vargas

Investors monitor Big Tech’s AI investments, with Meta thriving while Microsoft and Tesla face uncertainty over growth and returns.

Investors are reacting sharply to Big Tech earnings this week, sending a clear signal that massive spending must translate into real growth. Markets are becoming less forgiving as companies pour billions into artificial intelligence, data centres and future tech while returns remain uncertain.

Meta has delivered a standout performance, posting a 24 percent jump in revenue for the December quarter, fuelled by AI-powered advertising. The company is doubling down on its strategy, with aggressive investment in AI and infrastructure expected to drive a further 33 percent growth this quarter.

Microsoft and Tesla tell a more cautious story. Microsoft reported only modest growth in its Azure cloud business, raising questions about its exposure to OpenAI, while Tesla plans to double spending on AI and autonomous driving. Analysts warn of a widening gap between bold AI ambitions and what investors expect in returns.

Subscribe to never miss an episode of Ticker – https://www.youtube.com/@weareticker