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

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5 years ago

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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.

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Young Chinese Runners Stand Out Performers at UTMB Asia, Powered by Outopia

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1 hour ago

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December 25, 2025

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Shanghai, China, 25th Dec 2025, Grand Newswire – At Chiang Mai Thailand by UTMB, Asia’s only UTMB World Series Major, two young Chinese runners gave standout performances. Zhou Kao, a community manager at Outopia, and Luo Qiong, a college student, proved that talent and community support are a recipe for success. Both athletes were supported by Outopia, a trail running brand dedicated to empowering runners to meet their potential.

Young Chinese Runners Stand Out Performers at UTMB Asia, Powered by Outopia

Image: Luo Qiong after finishing her race at Chiang Mai UTMB.

Zhou Kao, who balances a full-time role with rigorous training, finished as runner-up in the tough 100K race, clocking 9:51:39. Without a traditional elite background, Zhou credits his success to Outopia’s support. “Outopia understands the reality of committed runners; their encouragement gave me the confidence to push for a podium finish,” he shared.

Luo Qiong, a senior college student, made her international debut with a remarkable two-week back-to-back challenge. After securing second place in the 20K race, she went on to finish in the top 10 in the competitive 50K, earning her spot in the UTMB Finals in 2026. Discovered by Outopia through domestic races, Luo’s rapid progression is fueled by the brand’s financial and coaching support.

These inspiring performances highlight Outopia’s mission to empower everyday athletes with innovative, high-performance gear, while building a community that nurtures potential at all levels. Founded in 2021, Outopia is committed to supporting runners globally, from local community events to international races.

“Seeing young Chinese runners perform at this level globally is incredibly meaningful,” said Rachel Lyu, Head of Sports Marketing at Outopia. “Our mission is to empower all runners to reach their potential”. At the event, Outopia’s pop-up store and shakeout runs further demonstrated the brand’s expanding global presence.

At Chiang Mai Thailand by UTMB, Outopia’s pop-up store and shakeout runs further demonstrated the brand’s expanding global presence, bringing together runners from all over the world. These events showcased Outopia’s growing international appeal and its dedication to community driven growth.

About Outopia Founded by passionate trail runners, Outopia specializes in high-performance, sustainable Merino wool apparel. Its mission is to empower all runners and make the world a better place through trail running. visit more @outopia.run. 

Media Contact

Organization: Outdoor Utopia Limited

Contact
Person: Alice Norton

Website:

https://outopia.com/

Email:

alice.norton@outopia.com

City: Shanghai

Country:China

The post Young Chinese Runners Stand Out Performers at UTMB Asia, Powered by Outopia
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Press Release

Nexar Bit Exchange Advances Global Infrastructure Expansion to Enhance Platform Performance

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3 hours ago

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December 25, 2025

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Nexar Bit Exchange continues to expand its global infrastructure and core trading systems to improve execution efficiency, platform stability, and operational scalability. The initiative reflects the platform’s broader strategy of aligning technical development with structured compliance and long-term operational resilience.

Nexar Bit Exchange has progressed its global infrastructure expansion initiative as part of ongoing efforts to strengthen trading performance, system reliability, and service continuity across its platform. The expansion focuses on distributed system capacity, execution pathway optimization, and scalable architecture designed to support users across multiple regions.

The initiative represents a continued step in Nexar Bit Exchange’s infrastructure roadmap, emphasizing disciplined system growth rather than short-term performance adjustments.

Distributed Infrastructure Supporting Performance Optimization

As part of the expansion, Nexar Bit Exchange has enhanced its distributed infrastructure through additional server clusters and refined routing configurations. These improvements are designed to improve data synchronization efficiency, reduce processing bottlenecks, and support more consistent order execution under varying market conditions.

By optimizing workload distribution and reinforcing redundancy mechanisms, the platform aims to maintain operational stability during periods of elevated trading activity.

Core System Enhancements and Execution Stability

In parallel with infrastructure expansion, Nexar Bit Exchange has implemented updates to its core trading systems with a focus on execution accuracy, system predictability, and operational continuity. Enhancements to order processing logic and internal risk management workflows are intended to support stable execution behavior across different market environments.

These refinements reflect the platform’s ongoing focus on maintaining system integrity as user activity and transaction volumes scale.

Infrastructure Development and Regulatory Alignment

Nexar Bit Exchange operates within a structured regulatory framework and maintains registration as a Money Services Business (MSB) with the U.S. Financial Crimes Enforcement Network (FinCEN). This registration forms part of the platform’s broader approach to regulatory alignment and operational transparency.

Infrastructure expansion and system optimization efforts are developed alongside internal compliance procedures, supporting consistent operational standards as the platform evolves. Nexar Bit Exchange views regulatory alignment and technical development as complementary components of long-term platform sustainability.

Technology-Driven Global Platform Strategy

Nexar Bit Exchange continues to position infrastructure development as a long-term, iterative process. By investing in scalable system architecture, disciplined capacity planning, and structured operational frameworks, the platform seeks to support reliable global access while maintaining clarity in system governance.

Future initiatives will continue to focus on strengthening technical resilience and operational consistency as part of Nexar Bit Exchange’s global platform strategy.

About Nexar Bit Exchange

Nexar Bit Exchange is a global digital asset trading platform providing services that include fiat exchange, spot trading, contract trading, digital asset information services, and educational resources. Headquartered in the United States, the platform focuses on continuous infrastructure optimization and structured operations to support stable and accessible trading services for users worldwide.

For more information about Nexar Bit Exchange, please refer to the following resources:

https://www.nexarbit.exchange

https://www.nexarbit.info

https://www.nexar-bit.wiki

https://www.nexarbit-exchange.review

https://www.nexarbit-overview.com

Media Contact

Organization: Nexar Bit

Contact Person: Evan Rothman

Website: https://nexarbitinc.com/

Email: Send Email

Country:United States

Release id:39501

Disclaimer: This content is provided for informational purposes only and does not constitute financial, investment, legal, or trading advice. Digital assets and cryptocurrencies are subject to significant market volatility and regulatory uncertainty. Nothing contained herein should be construed as an offer, solicitation, or recommendation to buy, sell, or hold any financial instrument, cryptocurrency, or digital asset. Past performance is not indicative of future results. Readers are solely responsible for conducting their own independent research and should consult qualified financial or legal professionals before making any financial or digital asset-related decisions.

The post Nexar Bit Exchange Advances Global Infrastructure Expansion to Enhance Platform Performance 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

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Press Release

TopSellingProperty.com Launches All-in-One Platform for Property Listings, Loans & Home Services Pan India

Published

3 hours ago

on

December 25, 2025

By

TopSellingProperty.com, the trusted all-in-one real estate platform from Essotto Private Limited, is expanding to simplify the entire property journey across India. Our platform is built to empower everyone in the real estate ecosystem—from individual buyers, sellers, and renters to the nation’s leading builders, developers, and channel partners—by providing verified listings, expert home loans, and a full suite of essential home services, all in one place.

Our platform offers different listing plans to fit your needs. Professional Channel Partners registered with RERA can list up to 50 properties, while individual users can post up to five. This ensures our marketplace remains organized and full of high-quality options for property seekers.

Founded by Mr. Mohammed Waseem MG, TopSellingProperty.com operates in more than 50 Indian cities. We are a central hub for finding residential and commercial properties. Our goal is to make the entire process easier by offering property listings and all the essential home services you need, all in one place.

We’re more than just a property search site. We also help you with every other part of home ownership. You can get Property Loans, professional help with rental agreements, home interiors, cleaning, and even pest control. We are here to help with all the common needs of owning or renting a home.

We believe technology can fundamentally change the real estate landscape for the better. Our vision is to create a single, trusted platform that brings transparency and simplicity to every transaction. By making all our tools and data accessible on both our website and mobile app, we are building a more open and accessible real estate community for everyone in India.

Follow Us:

LinkedIn: www.linkedin.com/company/top-selling-property/

Facebook: www.facebook.com/people/Top-Selling-Property/61578115404722/

Instagram: www.instagram.com/topsellingproperty/

Twitter (X): www.x.com/TopSellingProp

YouTube: www.youtube.com/@topsellingproperty

Download Our App:

Google Play: https://play.google.com/store/apps/details?id=com.essotto.essotto

Media Contact

Organization: TopSellingProperty.com

Contact Person: Media Relations

Website: https://www.topsellingproperty.com

Email: Send Email

Contact Number: +919845400535

Country:India

Release id:39531

The post TopSellingProperty.com Launches All-in-One Platform for Property Listings, Loans & Home Services Pan India 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

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