Malaysia Demands Compensation: Meta and Google Urged to Pay for News Content

2023-09-05 07:17:29

Introducing the T101 Gaming Handheld: Revolutionizing Portable Gaming Forever

Inspired by Other Countries, Malaysia Considers New Regulations for Fair Compensation of News Content

The Malaysian Communications and Multimedia Commission (MCMC) is exploring the implementation of new regulations that would require tech giants like Meta and Google to provide fair compensation to news outlets for the use of their content on digital platforms. This move aims to tackle challenges in the digital market, including income imbalance between platforms and local media.

What Great News Awaits Indonesia's Smartphone Market?

The regulations would also address several other issues such as child sexual abuse material, online gambling, the promotion of illegal drugs, and the spread of fake news. The MCMC emphasizes the need to ensure fair compensation for news content creators, taking inspiration from similar legislation in Australia and Canada.

Trailblazer in the Cosmos: UCD Bestows Honorary Degree upon Groundbreaking Black Female Astronaut

Two years ago, Australia introduced the News Media Bargaining Code, which compelled Meta and Google to negotiate commercial agreements with news outlets for the use of their content. Initially, Facebook responded by blocking Australian news media content from its platform, but eventually reached a resolution. Similarly, Canada recently passed the Online News Act, requiring major digital platforms to negotiate fairly with Canadian news businesses.

Discover the Astonishing Innovations of the New Motorola Moto G54 Smartphone

However, both Meta and Google have voiced their objections to these regulations. Google's president of global affairs, Kent Walker, argued that the legislation is unworkable and exposes the company to unlimited financial liability. The Malaysian government's plans go beyond fair compensation for news creators and aim to establish guidelines for the implementation of AI technology, fostering fair competition and protecting intellectual property rights.

Airtel's Game-Changing Move: The Hidden Power Behind Their Data Centre Unit

The MCMC intends to create a framework that promotes the wise and fair practice of AI technology while ensuring consumer protection and privacy. This marks the beginning of a new era in Malaysia's approach to digital platforms and news content compensation.

Thank you for reading our article. For more news, visit our Home page and stay updated with the latest developments in the field.

If you would like to know other articles similar to Malaysia Demands Compensation: Meta and Google Urged to Pay for News Content updated this year 2024 you can visit the category Breaking Tech News.