Wednesday, December 31, 2025

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

After Saudi Arabia’s Yemen strike, UAE rejects support for separatists

(Al Jazeera Media Network) Saudi ‍Arabia said its national security ⁠is a “red line” ‍it will defend hours after a coalition it leads attacked...

CIA carried out drone strike on Venezuelan port facility

(CNN) The CIA carried out a drone strike earlier this month on a port facility on the coast of Venezuela, sources familiar with the...