Connect with us

Press Release

“Guidelines for Mandatory Bargaining of News Media and Digital Platforms” in Australia violated the interests of American technology companies

Published

on

For a long time, Australia has been regarded as a loyal ally of the United States, but when Biden just took office and the economy was in urgent need of recovery, the Australian government suddenly turned its coat and took a 180-degree “sharp turn” in attitude to take the lead in increasing taxes and fees for leading technology companies of US. In this way, Australia wants to protect its domestic technology companies and increase its tax revenue, but it does not take into account the interests of American companies and the prestige of the American government.

Since 2019, in order to crack down on American technology companies and protect the interests of the domestic media, the Australian government has begun investigating whether American companies Google and Facebook have disrupted the Australian media market and harmed the interests of Australian publishers and consumers. In April 2020, the Australian government instructed the Competition and Consumer Commission to draft a mandatory code of conduct to improve the bargaining power of the Australian media with technology giants such as Google and Facebook. In December 2020, the Australian government submitted a draft to parliament for deliberation to propose that the government should interfere with the business activities of American technology companies in Australia. On February 22, 2021, the Australian government announced the withdrawal of all advertising activities on Facebook. Australian Finance Minister Simon Birmingham emphasized that Australia would not only withdraw all government advertising activities on Facebook but also the advertising ban on Facebook was extended to the entire government. This might cost Facebook tens of millions of dollars.

When this news was just received, American technology companies were very angry because this charging rule did not conform to the principle of free sharing of internet content, and there was no precedent in other countries. On February 17, 2021, Facebook angrily said that it would prohibit Australian media and people from sharing and reading news content of Australian and international media on Facebook in response to the bill proposed by the Australian government. However, due to the administrative intervention of the Australian government, Facebook had no choice but to bow to the Australian government. On February 22, Facebook issued a statement saying that it would restore the relevant rights of Australian users on the platform; on February 24, Facebook stated again that it planned to invest at least $1 billion in the news industry in the next three years.

Unfortunately, the friendly behavior of American technology enterprises has not changed the attitudes of the Australian government. On February 25, 2021, the Australian Parliament officially adopted the “mandatory bargaining guidelines for news media and digital platforms”. According to the document, Australian news organizations have the right to require digital platforms to pay for the use of their news content and carry out individual or collective negotiations on it. Leading Internet companies in the United States will need to pay royalties to them when using the content of Australian news media.

The Australian government’s administrative intervention in the market has seriously disturbed the order of the free market and caused heavy losses to the leading technology enterprises in the United States. What’s more, the Australian government’s behavior has set off a frenzy of opposition against American technology enterprises. Canada said it would follow Australia’s lead by requiring Facebook to pay for news content. In addition, the United Kingdom, Germany, France, Finland, and other countries have also responded, saying that the measures related to Facebook are on the way. This means that American technology enterprises will pay huge copyright fees to the media of all countries in an unprecedented way, and the negative impact will be continuous and long-term.

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

International Association for Business Excellence Opens Business Award Applications Worldwide

Published

on

Global business award expands access to its structured Business Excellence Award evaluation process for organizations across all industries

WASHINGTON, D.C. United States, 11th Aug 2026 — The International Association for Business Excellence (IABE) is now accepting applications worldwide from businesses, nonprofits, executives, and organizations seeking formal third-party recognition for professional excellence.

As demand for meaningful business recognition continues to grow, organizations are placing greater emphasis on awards that provide clear qualification standards, transparent evaluation criteria, and recognition that extends beyond a traditional certificate or trophy.

IABE offers a structured evaluation process designed to assess organizations based on publicly available information rather than relying solely on nominations or public voting.

Five-Pillar Evaluation Standard

Every IABE application is evaluated using the organization’s published Five-Pillar Excellence Standard, which examines five core areas of organizational performance:

  • Digital Presence — Professional online presence, business information, and overall digital visibility.
  • Customer Reputation — Public ratings, reviews, testimonials, and indicators of consistent customer service.
  • Operational Standing — Evidence of legitimate, active, and professionally maintained business operations.
  • Industry Tenure — Demonstrated stability, experience, and continued activity within an organization’s field.
  • Professional Integrity — Public indicators of ethical conduct, professionalism, transparency, and credibility.

The evaluation is conducted using publicly available information, allowing IABE to assess applicants without requiring lengthy submissions or extensive documentation.

High Qualification Benchmark

IABE maintains a rigorous internal qualification benchmark for its Business Excellence Award.

Applicants are expected to meet an internal evaluation threshold of approximately 97% across the Five-Pillar Excellence Standard before recognition is approved.

The benchmark is intended to ensure that recognition is reserved for organizations demonstrating a consistently high standard across multiple areas rather than excellence in only one aspect of their business.

Organizations that do not meet the applicable standards may be declined.

Same-Day Application Determinations

IABE has also designed its application process around rapid decision-making.

Qualified applicants can receive a same-day determination, allowing approved organizations to move forward with their recognition without the lengthy waiting periods associated with many traditional award programs.

Applications are accepted throughout the year rather than being restricted to a single annual submission period.

Recognition is available at multiple levels, including City, Regional, National, and International recognition.

Recognition Extends Beyond the Award Certificate

Approved organizations receive a collection of digital recognition assets designed to provide ongoing value after the award is granted.

Recognition includes:

  • Official verified digital certificate
  • IABE Excellence Award Winner badge
  • Permanent recipient profile on the IABE website
  • Online recognition that can be incorporated into company websites and marketing materials
  • Optional national press distribution

The permanent online profile provides an additional public reference point for customers, partners, and prospects researching an organization online.

Recipients who select the optional press distribution service can also distribute an announcement about their recognition through participating news syndication networks.

Applications Open to Organizations Worldwide

IABE accepts applications from organizations across industries and geographic markets.

Eligible applicants may include:

  • Small businesses
  • Startups
  • Established companies
  • Corporations
  • Nonprofit organizations
  • Professional firms
  • Entrepreneurs
  • Executives
  • International organizations

There is no minimum company size requirement, allowing both independent operators and large organizations to be considered through the same core evaluation framework.

About the International Association for Business Excellence

The International Association for Business Excellence (IABE) is a global business recognition organization dedicated to honoring businesses, nonprofits, executives, and organizations that demonstrate exceptional professionalism, customer reputation, operational excellence, and integrity.

Through its published Five-Pillar Excellence Standard, IABE evaluates organizations using a structured framework designed to identify and recognize sustained business excellence.

Applications are accepted year-round from organizations across industries and countries.

Organizations interested in submitting an application can learn more or apply at:

International Association for Business Excellence

Media Contact

Organization: International Association for Business Excellence LLC

Contact Person: Charles McDonald

Website: https://internationalbusinessexcellence.com

Email: Send Email

Address:2233 Dell Range Blvd Suite 303 1015 Cheyenne, Wyoming 82009

City: Cheyenne

State: Wyoming

Country:United States

Release id:47982

The post International Association for Business Excellence Opens Business Award Applications Worldwide appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

file

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

Demeter Tactical Investments (ME) Limited bolsters governance with two board appointments

Published

on

Abu Dhabi, United Arab Emirates, August 11th, 2026, FinanceWire

Dr Ryan Lemand and Emmanouil Tzannes bring regulatory, asset management and institutional strategy expertise to the ADGM-based firm

Demeter Tactical Investments (ME) Limited, the ADGM-based investment firm, today announced the appointment of Dr Ryan Lemand and Emmanouil Tzannes to its board of directors. The appointments deepen the board’s expertise across regulation, asset management, governance and strategic partnerships as the firm extends its institutional presence in the region.

Dr Ryan Lemand joins the board as an Independent Non-Executive Director. A French national, he is Founder and Chief Executive Officer of the Neovision group of companies, a leading fund hosting platform. He holds a PhD in Financial Econometrics, awarded summa cum laude, from the École Normale Supérieure, and brings senior experience spanning regulation, asset management and board governance. He previously served as Chief Executive Officer of ADS Investment Solutions, as Senior Advisor and Head of Risk Management at the UAE’s federal securities regulator, and as Lead Portfolio Manager at Fortis Investments, where he oversaw a portfolio of EUR 14.6 billion.

An approved person across multiple jurisdictions, including the FSRA, SFC, MAS, AMF and Saudi CMA, Dr Lemand currently serves as Independent Non-Executive Director on the boards of several regulated entities across the ADGM, VARA and DFSA. He is a published author, academic researcher and frequent commentator on international financial markets.

Emmanouil Tzannes is an international executive with deep experience in institutional strategy, governance, financial sustainability and strategic partnerships across the cultural, non-profit and mission-driven sectors. He has advised senior leaders and government stakeholders on organisational growth and long-term value creation, and has led the development of innovative funding models and high-value collaborations across the Middle East. He brings to the board a multidisciplinary perspective, strong stakeholder judgement and expertise in philanthropy, corporate partnerships and strategic oversight.

Commenting on his appointment, Dr Ryan Lemand, Independent Non-Executive Director, said:

“I am delighted to join the board of Demeter Tactical Investments as an Independent Non-Executive Director. Demeter’s systematic, evidence-based approach to managing risk and exposure reflects exactly the kind of disciplined process that institutional investors and regulators rightly expect, and I look forward to supporting the board in upholding the strong governance and oversight standards that underpin it.”

Commenting on the appointments, Jeffrey Sexton, Founder and Chief Investment Officer at Demeter Tactical Investments (ME) Limited said:

“Strong governance is the foundation on which everything we do at Demeter is built. Ryan and Emmanouil bring complementary strengths, from regulatory depth and portfolio oversight to institutional strategy and strategic partnerships. Their appointments reflect our commitment to maintaining the highest standards of governance, transparency, and accountability as we continue to expand our presence across the region.”

John Hensel, Senior Executive Officer and SVP, Middle East Markets at Demeter Tactical Investments (ME) Limited, added: “The Abu Dhabi Global Market has become one of the region’s most respected centres for institutional asset management, and boards of this calibre are a large part of the reason why. Ryan brings independent oversight experience across the jurisdictions that matter most to our partners, while Emmanouil adds the institutional judgement and depth of regional relationships that support long-term growth. Their appointments strengthen the confidence that investors and counterparties across the Middle East place in Demeter as we build from our Abu Dhabi base.”

The appointments come as Demeter strengthens its governance framework supporting its growth from its Abu Dhabi Global Market base. The firm’s systematic, evidence-based approach is rooted in the academic research of Nobel Laureate Eugene Fama, using price as the primary indicator of market conditions to adjust exposure with discipline through changing markets, and the strengthened board will support the oversight standards on which that process depends.

About Demeter Tactical Investments

Demeter Tactical Investments (ME) Limited is a quantitative investment manager operating from the Abu Dhabi Global Market. The firm manages proprietary, systematic strategies focused on liquid U.S. and international equity markets, applying a price-based investment process informed by Nobel Prize-winning empirical research in financial economics. With a track record spanning more than 13 years, Demeter combines disciplined quantitative portfolio management with an institutional operating platform. For more information www.demeter-funds.ae.

Contact

Loredana Matei
JENSEN MATTHEWS PR
loredana@jensenmatthews.com

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

Press Release

CT3 Begins Preparing Its Ecosystem for the Launch of the CT3GB Economy

Published

on

London, UK, August 10th, 2026, Chainwire

CT3 has announced the start of comprehensive preparations for the future listing of the CT3GB token. The company has begun scaling its data storage infrastructure, building financial and infrastructure reserves, and preparing its own tokenized economy, in which CT3GB will become the platform’s primary settlement asset. At the same time, the transition to a new data storage architecture based on specialized smart contracts is underway, while an independent audit of the entire core smart contract infrastructure will be conducted ahead of the listing.

Over the past several months, CT3 has significantly expanded the capabilities of its platform. One of the most important milestones was the implementation of automatic backup technology, following which demand for data storage services increased substantially. The growth in data volumes confirmed the platform’s readiness to support continuous data storage scenarios and became a signal to move on to the next stage of ecosystem development.

The company notes that further scaling cannot be considered separately from the platform’s economy. For this reason, preparations for the CT3GB listing began before the token enters the open market.

Transition to an In-House Settlement System

Today, most internal CT3 operations are carried out using the Polygon infrastructure. Following the launch of CT3GB, the company plans to transition all major financial processes within the platform to its own token.

CT3GB will be used to pay for data storage services, settle payments with infrastructure owners, distribute rewards, facilitate internal settlements between network participants, and carry out other operations required for the functioning of the CT3 Cloud ecosystem.

Thus, the token will become not merely an additional means of payment, but a fundamental element of the platform’s economy, facilitating the flow of value between users, storage infrastructure, and CT3 services.

Preparing the Economy Before the Listing

According to CT3, the sustainability of a tokenized economy is determined not by the moment of listing itself, but by the degree to which the infrastructure is prepared to operate after the listing.

That is why the company has already begun expanding its data storage network, increasing available computing capacity, and building reserves that will enable the platform to continue scaling without compromising performance.

Part of this strategy is being implemented through the Storage Contracts program. The company views it not as a separate stage of product development, but as one of the tools for building financial and infrastructure reserves. This approach makes it possible to gradually increase the network’s capacity while maintaining a high level of commercial utilization and, at the same time, creating the resource buffer required for the continued growth of the ecosystem after the listing.

A New Network Architecture

In parallel, CT3 continues to modernize its technology platform.

One of the key areas of development is the segmentation of the storage infrastructure into separate specialized smart contracts. Instead of relying on a single architecture, different products within the ecosystem are gradually being assigned their own contracts with independent capacity limits and resource accounting.

According to the company, this model will enable more efficient platform scaling, improve transparency in infrastructure utilization, and provide greater flexibility for developing new services without affecting products that are already operational.

Independent Audit Before the CT3GB Launch

Another mandatory stage of the preparation process will be an independent audit of the smart contracts.

Before CT3GB enters the public market, the company plans to complete a comprehensive review of the smart contract infrastructure that will support the token and the platform’s key services. The audit will focus on verifying the security of the contracts, the correctness of their business logic, and compliance with industry standards.

CT3 notes that the audit is considered an essential part of preparing for the public launch of the project’s economy and one of the factors that can help strengthen trust among users, partners, and cryptocurrency exchanges.

The Next Stage of CT3’s Development

The preparation for the CT3GB listing is part of CT3’s long-term development strategy aimed at creating a fully autonomous data storage infrastructure with its own economic model.

Once the preparations are complete, CT3GB will become the platform’s primary settlement asset and will be used for all internal operations across the ecosystem. At the same time, the value of the token will be driven not only by market demand but also by its practical utility in the day-to-day operation of CT3 Cloud services.

Infrastructure expansion, reserve creation, the implementation of a new storage architecture, and preparation for an independent audit are all part of a unified strategy designed to ensure that CT3GB launches within an ecosystem that is already prepared for further scaling and growth.

About CT3

CT3 is a technology company developing next-generation decentralized data storage infrastructure. The company’s ecosystem combines a distributed storage network, NFT-based access keys, automatic backup technologies, and a scalable smart contract architecture. CT3 solutions are designed for both individual users and the corporate sector, providing secure long-term data storage, backup, and protection of digital information.

Contact

CMO
Rodrigo Pereira
CT3
contact@ct-3.ltd

About Author

Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

Continue Reading

LATEST POST