Tech and social media companies could be hit with strict taxation measures as a way to boost compliance with the News Media Bargaining Code, a senior government bureaucrat has revealed. Speaking at a wide-ranging parliamentary committee on social media and its impact on Australian society, Treasury assistant secretary overseeing competitionContinue Reading
I appreciate the opportunity today to talk specifically about the impact social media is having on the news industry, but to also touch on the broader issues your committee has been asked to confront. Social media has become a toxic force in our society – with online scams and blackmail;Continue Reading
The head of News Corp has urged federal parliamentarians to force social media giant Meta to renew funding news, saying the social media giant was “preparing to blackmail” Australia. Meta – the parent company of Facebook – announced in March it would not renew commercial deals with Australian media companiesContinue Reading
News Corp Australia’s executive chairman Michael Miller has used his National Press Club address to call on the government to enact stronger laws to control social media giants, with punishments that would block them from operating in Australia if they don’t comply. Speaking in Canberra on Wednesday, he said companiesContinue Reading
Social media giants such as Meta and TikTok have been put on notice by the federal government, which is setting up a large-scale and wide ranging probe into its harm to Australians. The federal government will establish a Joint Parliamentary Select Committee into the impact and influence of social media,Continue Reading
Tougher laws to force social media giants to remove violent content and misinformation could be one step closer as one Labor minister says platforms have become a “playground for criminals and cranks”. Elon Musk’s X, formerly Twitter, has been accused of acting “above the law” after he announced the platformContinue Reading
Australians have been served the “middle finger” by Facebook, Communications Minister Michelle Rowland says, as the Albanese government attempts to force its parent company, Meta, to pay for local news content. Speaking in an interview set to air on Sky News Australia on Wednesday evening, Ms Rowland said Meta’s decisionContinue Reading
Facebook’s parent company Meta could face a fine of up to $1.5bn – about 30 per cent of the adjusted turnover of the company’s Australian arm – if found to have breached a landmark media bargaining code. The social media giant provoked outrage after last week revealing it would notContinue Reading