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

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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.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

Tech

Apple set to unveil budget iPhone 17e, new iPads and low-cost MacBook

Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.

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Apple’s Tim Cook announces major product reveals this week, highlighting budget iPhone 17e, new iPads, and low-cost MacBook.


Apple Inc. CEO Tim Cook has confirmed a major week of product announcements kicking off Monday morning, building momentum toward a global “Apple Experience” event across New York, London and Shanghai. The tech giant is expected to spread its reveals across three days, fuelling speculation about its biggest refresh cycle yet.

Leading the buzz is the rumoured budget-friendly iPhone 17e, signalling Apple’s push to capture more price-conscious consumers without sacrificing performance. Two new iPads powered by advanced chips are also tipped to headline the lineup, pointing to stronger AI capabilities and faster processing speeds.

Rounding out the expected reveals is a low-cost 12.9-inch MacBook that’s already generating serious interest, alongside updated MacBook Pro models and a refreshed Mac Studio. It’s shaping up to be one of Apple’s most significant multi-product launches in recent years.

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Nvidia posts record revenue as AI fears shake investors

Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

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Nvidia’s £68.1 billion revenue, up 73%, raises investor concerns about AI’s impact and tech customers’ financial health.

Nvidia posted strong quarterly earnings, but Wall Street remained unimpressed, causing shares to fall 5%. Analysts point to investor concerns over AI dominance and a stalled $100 billion deal with OpenAI.

Experts discuss what factors in the earnings report failed to meet market expectations, including revenue projections and details around the Vera Rubin chip architecture. Competition from alternative chipmakers and scrutiny of hyperscaler cash flows are also shaping investor sentiment.

Despite recent setbacks, analysts remain cautiously bullish on Nvidia, highlighting long-term AI potential and the company’s dominant position in the chip market.

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Meta launches lawsuits over alleged scam advertising operations

Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

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Meta targets scam advertising networks in Brazil, China, and Vietnam, intensifying its crackdown on scams across its platforms.

Social media giant Meta has launched aggressive legal action targeting alleged scam operations using its platforms. The company has filed lawsuits against four advertising networks based in Brazil, China and Vietnam.

Meta has also issued cease and desist letters to eight marketing consultants accused of helping clients bypass the platform’s enforcement systems. The move signals a tougher stance on organised scam activity operating at scale.

While no criminal charges have been laid, Meta says it is doubling down on efforts to protect users and restore trust across its platforms as scam activity continues to rise globally.

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