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Meta and Google must pay compensation to Malaysia in 2023.

Meta and Google must pay compensation to Malaysia in 2023.

Developments involving Malaysia, Google and Meta

On September 5th, the Malaysian Communications and Multimedia Commission (MCMC) stated that Malaysia will follow the legislation models of Australia and Canada. Each of these recent frameworks will ensure full compensation for news content creators.

According to the MCMC, the purpose of these new regulations is to prevent issues such as an income gap between local media and internet platforms. Additionally, factors such as racism, royalties, dissatisfaction, fraud, the sale of illegal items, and the spread of incorrect information are being taken into consideration.

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Malaysia’s campaign for fair compensation for AI technology is groundbreaking, but Google and Meta are opposing the law. This has led to Meta discontinuing news publishing and Google facing potential financial liability. According to Walker, the Canadian government has not provided Google with any reason to expect that the regulatory process can address the “structural issues” related to the requirement for businesses to pay for “simply displaying links to news, something that everyone else does for free,” as Walker claimed.

General topics where governments and businesses like Meta and Google may collaborate include:

Meta and Google must pay compensation to Malaysia in 2023. 1
Meta and Google must pay compensation to Malaysia in 2023. 2

Google and Meta (formerly known as Facebook) are undoubtedly familiar terms in Malaysia. Both Meta and Google are well-known global technology companies with a presence worldwide, including in Malaysia and many other countries. The products and services offered by both companies are widely used in Malaysia.

Governments often collaborate with Meta and Google to moderate content on their platforms to ensure compliance with local laws and regulations, particularly regarding issues like hate speech, misinformation, or content that poses a threat to national security.

Data protection and privacy laws are frequently developed by governments, and their enforcement can significantly impact how internet giants like Meta and Google handle user data on their platforms.

Taxation is another area where governments may explore ways to ensure that companies adhere to local tax laws, which may occasionally require agreements or adjustments to tax legislation.

Competition and market regulations are also of concern to regulators, who may investigate antitrust and competition issues in the tech sector, including how companies like Google and Meta operate within local markets.

News content and fair compensation for news providers are also subjects that governments may address, ensuring that news suppliers receive fair payment when their content is shared or viewed on platforms like Google and Meta.

According to Gadgets Now by The Times of India, Meta recently announced that it is blocking Canadians from accessing news on Facebook and Instagram. Last month, Justin Trudeau, the Prime Minister of Canada, criticised Meta for prioritising corporate profits while obstructing news coverage of wildfires. Mark Zuckerberg, CEO of Meta, stated that the Online News Act “is based on the false premise that Meta unfairly benefits from news content shared on our platforms when the opposite is true.”

Google has also announced that it will block news content for Canadian users, including news articles, videos, and audio. Links published by Canadian outlets will still be accessible outside the country.

To address the issues that have arisen, Malaysia can adopt a comprehensive approach involving various stakeholders, including the government, civil society, and corporations themselves, to resolve any perceived issues or concerns related to the presence and impact of Meta (formerly Facebook) and Google in Malaysia. Malaysia will follow the legislative models of Australia and Canada. Each of these recent frameworks.

You can read full article : https://www.gadgetsnow.com/tech-news/after-canada-and-australia-malaysia-now-wants-google-meta-to-pay-news-outlets-for-content/articleshow/103402027.cms

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