Market Chatter: Meta, TikTok Join Google Against Indonesia's Proposed Revisions to AI Copyright Law

MT newswire2026/11/11 14:36

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10:36 AM EST, 11/11/2026 (MT Newswires) -- Meta Platforms (META) and TikTok have joined Alphabet's (GOOGL, GOOG) Google in pushing back against proposed revisions to Indonesia's copyright law that also sets rules for artificial intelligence, Reuters said Wednesday. The revisions would require digital platforms to pay publishers for displaying news content, according to the report. Meta's public policy head in Indonesia Berni Moestafa has said that paying compensation would mean news publishers "could lose readership traffic as well as potential advertising and subscription revenue," Reuters reported. Meta, TikTok and Google did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.) Price: 636.30, Change: -5.09, Percent Change: -0.79

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OPEC's monthly report shows that Saudi Arabia's average daily crude oil production in October rose to 10.56 million barrels, just several hundred thousand barrels lower than the pre-war level in February and slightly above its quoted limit under the OPEC framework. Iraq's daily output in October also reached approximately 4.9 million barrels, a new high since the outbreak of war. Meanwhile, after the UAE exited OPEC and began competing in the market independently, both the UAE and Saudi Arabia recently slashed their official December cargo prices for Asian buyers, intensifying the competitive landscape.

华尔街见闻•2026/11/11 17:31