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thehindubusinessline.comTikTok Australia Revenue Rises 30% to $883.7 Million in 2025
TikTok's Australian operations reported $883.7 million in revenue for 2025, a 30% increase from the previous year. The company transferred $458 million to a Cayman Islands-based affiliate for advertising space and $169 million in a cash pooling arrangement.
theindependent.sgOver a Dozen Southeast Asian News Outlets Issue Joint Statement on AI's Effects on Journalism for World Press Freedom Day
More than a dozen Southeast Asian news organizations issued a joint statement on May 3, 2026, highlighting the adverse effects of large language model AI systems on journalism, facts and democracy. The statement, released on World Press Freedom Day, addresses challenges from big…
Butler, Benjamin F. (Benjamin Franklin), 1818-1893 / Wikimedia (No restrictions)Major Media Deals Announced in First Quarter of 2026
Several significant transactions occurred in the media industry during the first quarter of 2026, including mergers, acquisitions, and joint ventures. These deals involved companies such as Paramount Skydance, Warner Bros. Discovery, and TikTok's U.S. operations. The activities s…