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Hi there,
For a law that was aimed squarely at Facebook and Google, the new media bargaining code has become a toothless beast thanks to some last minute ‘capitulation’ in the face of Facebook’s attention seeking tantrum last week.
Among the amendments in the watered down code are a two-month mediation period before any forced arbitration and the requirement that commercial deals already made be considered before Facebook or Google are ‘designated’ – a process that also requires a one-month notification period.
Neither company has been designated yet. When – and indeed even whether – either will be is the question now.
To be fair, there were good reasons for Facebook spitting the dummy. Their methods, however, left a lot to be desired. The saga did successfully bring Google's 'News Showcase' plans forward in Australia which has lined the coffers of big media, so at least Rupert Murdoch is happy. The reality, however, is that the code will do little to address the public good issues raised by the ACCC.
If your management reporting is still giving you headaches, we've got some tips on evaluating financial reporting software – so your team won’t have to resort to dumping ERP data into Excel and manually manipulating it (wait...no one still does that do they??).
Enjoy the read,
Heather Wright
Editor
editor@istart.co.nz
In this issue
Petulant Facebook wins out
Media code loses teeth after news ban deal…
After a week of blocking Australian news sites – and several others – Facebook and Australian lawmakers seem to have come to an uneasy truce.
Tackling carbon emissions and drought with tech
Agtech goes sky high; biotech goes to waste…
Robots working hand in hand with maggots to tackle food waste.
What’s driving smart traffic growth?
Smart cities of the future need smart traffic tech to match…
As urban populations rise, environmental concerns increasingly come to the fore and motorway traffic remains as locked as ever.
Accenture: Forget incremental scaling, master change
The era of the fast follower is over…
You’ve heard the saying every business is a digital business? Well, according to Accenture, every leader is now a technology leader.
Taking zero trust to the edge
Reshaping cybersecurity (again) for the remote work era…
Remote work may have been – and continues to be – a lifesaver during the Covid pandemic, but its unprecedented rise in the past year has resulted in an equally large increase in cyber attacks.
Five key factors to consider when evaluating financial reporting software
Get a BI solution that can fully handle complex financial data…
Frustrated with constantly trying to fill the gaps between what BI tools provide, and the actual reporting needs of your finance team?
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