Learn More about Lumida ETF
Powered by LumidaWealth.com
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
  • Home
  • EarningsNEW
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us
No Result
View All Result
Lumida News
No Result
View All Result
  • Lumida Wealth
  • Lumida Ledger
  • LUMIDA ETF
  • About Us
Home News Markets

Major Tech Platforms Face Malaysian Licensing Deadline as X and Google Hold Out

by Team Lumida
January 2, 2025
in Markets
Reading Time: 3 mins read
A A
0
Major Tech Platforms Face Malaysian Licensing Deadline as X and Google Hold Out

"Elon Musk Closing the 2016 Tesla Annual Shareholders' Meeting" by jurvetson is licensed under CC BY 2.0

Share on TelegramShare on TwitterShare on FacebookShare on LinkedinShare on Whatsapp

Key Takeaways:

Powered by lumidawealth.com
• X claims user base below 8 million threshold; Google raises YouTube classification concerns
• WeChat and TikTok first to obtain licenses; Meta platforms beginning application process
• Part of broader Asian regulatory push to hold Big Tech accountable for online content
• Non-compliance could trigger investigation and supervision by Malaysian authorities

What Happened?

Malaysia’s new social media operating license requirement came into effect, with notable holdouts including Elon Musk’s X and Google’s YouTube. While Tencent’s WeChat and ByteDance’s TikTok have already secured licenses, and Meta has initiated the application process, X claims exemption based on user numbers, and Google has expressed concerns about YouTube’s classification under the framework.

Why It Matters?

This development represents a significant shift in Asia’s digital regulatory landscape, joining similar efforts in India and Australia. The law aims to address online harms including scams, cyberbullying, and illegal content, marking an important step in holding tech platforms accountable. The varied responses from major platforms highlight the challenges of implementing cross-border digital regulations and the potential impact on platform operations in emerging markets.

What’s Next?

Watch for regulatory responses to X’s user count claims and Google’s concerns about YouTube classification. Key areas to monitor include: enforcement actions against non-compliant platforms, potential market access implications, other Asian nations’ regulatory responses, and the impact on platform operations and user experience in Malaysia. The success or failure of this regulatory framework could influence similar initiatives across the region. Tech companies’ strategies for managing increasing regulatory requirements in Asian markets will be crucial for their regional growth prospects.

Source
Previous Post

Alibaba Accelerates Core Business Pivot with $1.7B Sun Art Stake Sale

Next Post

U.S. Productivity Surge: AI, Innovation, and Post-Pandemic Adaptations Drive Economic Efficiency

Recommended For You

Apple Guides a Big Holiday Quarter on iPhone 17 Upgrades; Services Top $100B

by Team Lumida
15 hours ago
Apple Guides a Big Holiday Quarter on iPhone 17 Upgrades; Services Top $100B

Key Takeaways Powered by lumidawealth.com September-quarter revenue $102.5B (+8% YoY) and shares +~3% after-hours. December-quarter guide: total revenue +10% to +12% YoY, led by double-digit iPhone growth. iPhone revenue...

Read more

Big Tech’s AI Capex Hits $78B in a Quarter, Testing Market Patience

by Team Lumida
2 days ago
a black square with a blue logo on it

Key Takeaways Powered by lumidawealth.com Alphabet, Meta, and Microsoft spent ~$78B on capex last quarter, +89% YoY, mostly for AI data centers and GPUs. Stocks split: Meta and Microsoft...

Read more

Tesla’s Cybercab Backup Plan: Sell It With a Steering Wheel

by Team Lumida
3 days ago
a car's speedometer with red lights

Key Takeaways Tesla board chair Robyn Denholm said Cybercab (long-promised affordable EV) can have steering wheel/pedals if needed—crucial wiggle room vs. Musk's "pointless" $25K regular model comment a...

Read more

Amazon to Lay Off Up to 30,000 Corporate Workers

by Team Lumida
4 days ago
Amazon’s $100 Billion Bet: AI Over Retail

Key Takeaways Powered by lumidawealth.com Amazon cutting up to 30,000 corporate employees (~10% of white-collar workforce) starting Tuesday, largest layoffs since 27,000 eliminated in 2022; hits HR, AWS, advertising,...

Read more

Gold Trading Talent War Heats Up as Bullion Boom Drives Hiring and Pay Surges

by Team Lumida
5 days ago
gold and black metal tool

Key Takeaways Powered by lumidawealth.com Major trading houses (Trafigura, Gunvor, IXM, Mercuria) and hedge funds are aggressively hiring gold traders amid soaring market activity. Banks historically dominated gold trading...

Read more

Microsoft Faces Legal Action in Australia Over Copilot Pricing Practices

by Team Lumida
5 days ago
The AI Investment Dilemma: Future-Proof or Financial Folly?

Key Takeaways Australia’s ACCC has sued Microsoft for allegedly misleading 2.7M Microsoft 365 subscribers on Copilot-related price hikes. Regulator claims Microsoft hid cheaper “classic” non-Copilot plans until users...

Read more

Wall Street Prices Optionality on Trump Tariffs Ahead of Supreme Court Ruling

by Team Lumida
7 days ago
Wall Street Prices Optionality on Trump Tariffs Ahead of Supreme Court Ruling

Key Takeaways Powered by lumidawealth.com Banks are brokering claims trades where importers sell future tariff-refund rights at a discount; hedge funds take legal risk for potential multi-bagger payouts. Typical...

Read more

Meta Charged by EU Over Handling of Illegal Content

by Team Lumida
1 week ago
a black square with a blue logo on it

Key Takeaways Powered by lumidawealth.com EU Commission charged Meta under Digital Services Act (DSA) for failing to provide simple illegal-content flagging and adequate appeal tools for content-moderation decisions on...

Read more

Trump Administration in Talks to Take Equity Stakes in Quantum-Computing Firms

by Team Lumida
1 week ago
Trump Administration in Talks to Take Equity Stakes in Quantum-Computing Firms

Key Takeaways Powered by lumidawealth.com Commerce Dept. negotiating equity stakes in quantum firms (IonQ, Rigetti, D-Wave, QCI, Atom Computing) in exchange for federal funding; minimum awards ~$10M each from...

Read more

Roche Raises Full-Year Earnings Outlook as U.S. Drug-Pricing Talks Continue

by Team Lumida
1 week ago
Roche Raises Full-Year Earnings Outlook as U.S. Drug-Pricing Talks Continue

Key Takeaways Powered by lumidawealth.com Guidance raised: core EPS now high single-digit to low double-digit growth at CER (from high single-digit); full-year sales still mid-single-digit growth ex-FX. Q3 miss...

Read more
Next Post
group of people using laptop computer

U.S. Productivity Surge: AI, Innovation, and Post-Pandemic Adaptations Drive Economic Efficiency

China’s Bold Economic Moves: What You Need to Know Now

China Expands Electronics Subsidy Program in Bold Consumer Spending Push

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Walmart Expands Logistics Services Beyond Its Marketplace: What This Means for Investors

Walmart Expands Logistics Services Beyond Its Marketplace: What This Means for Investors

August 27, 2024
Apple logo in front of a building

Apple’s iPhone Faces Slump in China: What Investors Need to Know

July 26, 2024
Big AI is Out, Small AI is In: The New Industry Trend

Big AI is Out, Small AI is In: The New Industry Trend

July 7, 2024

Subscribe to Lumida Ledger

Browse by Category

  • Lifestyle
    • Family Office
    • Health and Longevity
    • Next Gen Wealth
    • Trust, Tax, and Estate
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Latest
    • Macro
    • Markets
    • Real Estate
  • Research
    • Trackers
  • Themes
    • Aging & Longevity
    • AI
    • Biotech
    • CRE
    • Cybersecurity
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
    • Software
Facebook Twitter Instagram Youtube TikTok LinkedIn
Lumida News

Premium insights to help you invest beyond the ordinary. Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser

CATEGORIES

  • Aging & Longevity
  • AI
  • Alt Assets
  • Biotech
  • CRE
  • Crypto
  • Cybersecurity
  • Digital Assets
  • Equities
  • Family Office
  • Health and Longevity
  • Latest
  • Legacy Brands
  • Lifestyle
  • Macro
  • Markets
  • News
  • Next Gen Wealth
  • Nuclear Renaissance
  • Private Credit
  • Real Estate
  • Software
  • Themes
  • Trackers
  • Trust, Tax, and Estate

BROWSE BY TAG

AI AI chips AI demand Amazon Apple Artificial Intelligence Banking Bitcoin China Commercial Real Estate CPI Crypto Donald Trump EARNINGS ELON MUSK ETF Ethereum Federal Reserve financial services generative AI Goldman Sachs Google India Inflation Interest Rates Investment Strategy Japan Jerome Powell JPMorgan Markets Meta Microsoft Nasdaq Nvidia OpenAI private equity S&P 500 SEC Semiconductor stock market Tech Stocks tesla Trump Wells Fargo Whale Watch

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018

No Result
View All Result
  • Home
  • Earnings
  • News
    • Alt Assets
    • Crypto
    • Equities
    • Macro
    • Markets
    • Real Estate
  • Lifestyle
    • Family Office
    • Health and Longevity
  • Themes
    • Aging & Longevity
    • AI
    • CRE
    • Digital Assets
    • Legacy Brands
    • Nuclear Renaissance
    • Private Credit
  • About Us

© 2025 Lumida Wealth Management LLC is an SEC registered investment adviser. Privacy Policy. Cookies Policy.
Disclaimer Important Information This site is for informational purposes only. Information presented on this site does not constitute as investment advice.

Lumida Wealth Management LLC (‘Lumida”) is an SEC registered investment adviser. SEC registration does not constitute an endorsement of the firm by the Commission nor does it indicate that the adviser has attained a particular level of skill or ability.

Lumida's website (referred to herein as the "Website") is limited to the dissemination of general information pertaining to its advisory services, together with access to additional investment-related information, publications, and links. Accordingly, the publication of the Website on the Internet should not be construed by any client and/or prospective client Lumida’s solicitation to effect, or attempt to effect transactions in securities, or the rendering of personalized investment advice for compensation, over the Internet.

Any subsequent, direct communication by Lumida with a prospective client will be conducted by a representative that is either registered or qualifies for an exemption or exclusion from registration in the state where the prospective client resides.

‍Lead Capture Forms: By submitting your contact information in the forms on this site, you are not obligated to invest in Lumida's product or services.
‍Address: Lumida Wealth Management, 25 W 39th Street Suite 700, New York, NY 10018