In letter to PM, industry group warns proposed social media licensing could harm digital economy

  • 📰 staronline
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 75%

NA News

In letter to PM, industry group warns proposed social media licensing could harm digital economy
Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Chan will carry the flame on Wednesday afternoon in the French capital just hours before the opening ceremony, the organising committee announced.

The group, which represents companies such as Meta, Google, Apple, Snap and Grab, argues that the new regulations could hinder innovation, deter investments, and place undue compliance burdens on businesses. — 123rfThe Asia Internet Coalition , an industry association representing leading Internet and technology companies, has voiced its concerns regarding Malaysia's upcoming licensing system for social media and private messaging platforms.

The group, which represents companies such as Meta, Google, Apple, Snap and Grab, argues that the new regulations could hinder innovation, deter investments, and place undue compliance burdens on businesses. "Introducing such a change without a clear roadmap or sufficient industry engagement risks destabilising an ecosystem that relies on innovation, flexibility, and openness," the letter stated.

The Communications and Multimedia Commission announced that all social media services and Internet messaging services with at least eight million registered users in Malaysia must apply for a Class Licence beginning Aug 1.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

staronline /  🏆 4. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines