Labor’s draft news bargaining incentive scheme includes 2.25% levy on local revenues of digital giants

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Anthony Albanese has urged Google, Meta and TikTok to make deals with Australian media outlets to avoid a dedicated 2.25% levy on local revenues, warning digital giants should not be able to exploit the work of journalists to boost profits.

Releasing an exposure draft for the government’s news bargaining incentive (NBI) scheme on Tuesday, the prime minister said platforms could avoid the levy by signing new deals with publishers to pay for news content, and even greater offsets for making deals with smaller publishers. The government expects the plan will raise up to $250m annually for Australian journalism.

Creator card is designed for people making money through TikTok Live, some of whom complain of payment delays

TikTok and Visa have launched a debit card for content creators in the UK which they say will allow people to quickly access their earnings from the platform.

The creator card is designed for the growing numbers of people making money through TikTok Live, a livestreaming feature where creators receive virtual gifts from viewers that are later converted into cash.

Experts say regulation of child influencers sits in a legal grey area as children promote products on social media

• #ToddlerSkincare: the ‘dark and exploitative’ world of children’s beauty videos on TikTok

In a TikTok video a young girl – her age anywhere between 10 and 15 – sits unboxing package after package of products she says were sent to her by skincare brands. She calls it a “PR haul”.

In another video, a 16-year-old opens a box of products she received from a well known brand. She says: “I know I have younger people watching,” before reading out a note from the brand that says: “Can’t wait for you to share your thoughts.”

A recent survey of 1,458 teenagers between the ages of 13 and 17 found that most of them do not see social media platforms affecting their mental health.

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PM summons senior figures from Meta, TikTok, Google and X and says social media is ‘putting our children at risk’

Keir Starmer has told social media bosses “things can’t go on like this” in a Downing Street meeting over internet safety.

The prime minister summoned senior figures at Meta, TikTok, Google and X to No 10 on Thursday morning as his government considers imposing new restrictions on platforms, including an Australia-style ban for under-16s. Meta owns Facebook and Instagram, and Google owns YouTube.