• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

CEO says anyone who works from home is grabbing groceries or at the vet 30% of the time—and shows off his busy office at Friday 5 p.m. to prove it

2

Ohio city workers are covering automated license plate readers with trash bags as officials sound the alarm on 'egregious violations' of privacy

3

A single new sentence in SpaceX's amended IPO filing could signal the biggest merger in history

1

CEO says anyone who works from home is grabbing groceries or at the vet 30% of the time—and shows off his busy office at Friday 5 p.m. to prove it

2

Ohio city workers are covering automated license plate readers with trash bags as officials sound the alarm on 'egregious violations' of privacy

3

A single new sentence in SpaceX's amended IPO filing could signal the biggest merger in history
TechMalaysia
Asia

Malaysia wants Big Tech to get licensed as Asia Pacific cracks down on social media platforms

By
Lionel Lim
Lionel Lim
Asia Reporter
Down Arrow Button Icon
By
Lionel Lim
Lionel Lim
Asia Reporter
Down Arrow Button Icon
January 3, 2025, 4:00 PM ET
Anna Barclay—Getty Images

From Jan. 1, social media platforms with more than 8 million users in Malaysia need to have a license to operate or risk getting blocked. Malaysia’s government said the licensing requirement, first proposed in July, is needed to combat cybercrimes like scams, bullying, and sexual offenses. 

But not all Big Tech companies are on board.

Google, which operates YouTube, and X have yet to apply for a license, according to Malaysian authorities. 

According to a government statement, the Malaysian Communications and Multimedia Commission (MCMC) is evaluating X’s claim that it did not have enough users in Malaysia to meet the 8 million threshold. The statement also says that Google is concerned over how to classify YouTube’s video sharing features. 

Google and X did not immediately respond to Fortune’s request for comment. 

As of Jan. 1, Tencent, which operates the messaging platform WeChat, and TikTok owner Bytedance have secured the license. Telegram and Meta, which operates Facebook, Instagram, and WhatsApp, are currently in the process of applying for a license. The MCMC statement said Telegram and Meta are expected to get their licenses soon.

Nominations are now open:
Fortune is now accepting nominations for the 2025 Southeast Asia 500—the definitive ranking of the region’s largest companies. Start your nomination here.

 

 

 

Tech firms have been uneasy about Malaysia’s new social media license since it was first announced. In an October interview with Reuters, Meta director for Southeast Asia Rafael Frankel complained that the timeline to apply for the license was “exceptionally accelerated,” and that the license’s obligations for social media firms were unclear. 

Broadly, authorities argue that the license is required to protect Malaysians against incidents like online sex crimes or bullying.

An Asia-Pacific crackdown

Malaysia is the latest government in the Asia-Pacific region to regulate social media companies or the content found on these platforms.

Earlier this year, South Korea launched a monthslong crackdown on deepfake pornography following a surge in such material shared on messaging platforms like Telegram. The country toughened penalties on those possessing or sharing deepfake pornography, and is considering fines on social media companies that don’t crack down on illegal content. 

In late November, Australian lawmakers approved a bill that banned those under the age of 16 from using social media, even with parental permission. Prime Minister Anthony Albanese painted social media as a tool for scammers and online predators in his comments supporting the ban.

Yet the bill does not present clear guidelines on how the ban, which takes effect near the end of 2025, will be enforced. 

And in December, a new law in Vietnam came into effect on Christmas Day that requires tech giants operating in Vietnam to verify users’ accounts via their phone numbers or Vietnamese identification numbers alongside their full name and date of birth.

Firms that provide social media services have 90 days to report back to Vietnam’s Ministry of Information and Communications with the verified user information according to local media reports. These social media companies must also provide data to authorities about access to social media services from Vietnam, such as the number of frequent users each month.

About the Author
By Lionel LimAsia Reporter
LinkedIn icon

Lionel Lim is a Singapore-based reporter covering the Asia-Pacific region.

See full bioRight Arrow Button Icon

Latest in Tech

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in Tech

mc
Commentarydisruption
What AI is actually good for
By Maria ColacurcioJune 5, 2026
1 hour ago
Sarah Friar, CFO of OpenAI
AICFO Daily
OpenAI CFO: Not knowing AI tools like Codex is now a dealbreaker for finance hires
By Sheryl EstradaJune 5, 2026
1 hour ago
Businesses are declaring war on AI slop. They are fighting a losing battle
Europelegislation
Businesses are declaring war on AI slop. They are fighting a losing battle
By Sam BirchallJune 5, 2026
2 hours ago
Elon Musk stares
Personal FinanceMarkets
The S&P 500 will initially exclude SpaceX but Elon Musk is coming for your retirement savings anyway
By Jim EdwardsJune 5, 2026
3 hours ago
Trae Stephens touches his chin while speaking
Startups & VentureTerm Sheet
Anduril’s Trae Stephens says defense tech is headed for a shakeout
By Lily Mae LazarusJune 5, 2026
3 hours ago
Anthropic co-founder Jack Clark in Seoul on May 22, 2024. (Photo: Anthony Wallace/AFP/Getty Images)
NewslettersFortune Tech
Anthropic: Self-improving AI systems may pose societal risks
By Andrew NuscaJune 5, 2026
4 hours ago

Most Popular

CEO says anyone who works from home is grabbing groceries or at the vet 30% of the time—and shows off his busy office at Friday 5 p.m. to prove it
Success
CEO says anyone who works from home is grabbing groceries or at the vet 30% of the time—and shows off his busy office at Friday 5 p.m. to prove it
By Orianna Rosa RoyleJune 4, 2026
1 day ago
Ohio city workers are covering automated license plate readers with trash bags as officials sound the alarm on 'egregious violations' of privacy
Cybersecurity
Ohio city workers are covering automated license plate readers with trash bags as officials sound the alarm on 'egregious violations' of privacy
By Sasha RogelbergJune 3, 2026
2 days ago
A single new sentence in SpaceX's amended IPO filing could signal the biggest merger in history
Startups & Venture
A single new sentence in SpaceX's amended IPO filing could signal the biggest merger in history
By Shawn TullyJune 4, 2026
1 day ago
10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy
Economy
10,000 Boomers a day, $39 trillion in debt, and no benefit cuts: Bessent stakes Social Security on the Trump economy
By Nick LichtenbergJune 4, 2026
22 hours ago
Current price of oil as of June 4, 2026
Personal Finance
Current price of oil as of June 4, 2026
By Joseph HostetlerJune 4, 2026
1 day ago
Teens are up against the worst summer job market in nearly 80 years—they’re fighting against hundreds to work at ice cream shops and swimming pools
Success
Teens are up against the worst summer job market in nearly 80 years—they’re fighting against hundreds to work at ice cream shops and swimming pools
By Emma BurleighJune 2, 2026
3 days ago