Tuesday, April 28, 2026

Facebook and Australia reach news publishing compromise

Facebook Inc. and the Government of Australia say they have come to an understanding after the social network platform shut down news service to Australian Facebook users and publishers last week. Facebook says it plans pay $1 billion to publishers over the next three years. Facebook reacted sharply after the Australian government proposed a bill that would have forced some Internet platforms to negotiate payment with individual publishers. Those same issues are being discussed in the U.K., the U.S., Canada, and other countries.

 

https://www.theverge.com/2021/2/24/22299229/facebook-one-billion-investment-news-industry-australia-google-regulation

 

 

BIG Media
BIG Media
Our focus is on facts, accurate data, and logical interpretation. Our only agenda is the truth.
spot_img

BIG Wrap

China orders unwinding of Meta’s acquisition of AI startup

(New York Times) The Chinese government said on Monday that it would require the unwinding of Meta’s acquisition of Manus, a Singapore-based artificial intelligence...

What we know about suspected Washington press dinner gunman

(BBC News) New information is emerging about Cole Tomas Allen – who was identified by US officials as the man who was arrested after...