Thursday, May 14, 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

‘Never mess it up’: What Xi and Trump said on Day 1 of Beijing talks

(Al Jazeera Media Network) One day into US President Donald Trump’s visit to China for trade talks, both he and Chinese President Xi Jinping...

Latvian PM resigns after row over stray Ukrainian drones

(BBC News) Latvian Prime Minister Evika Silina has resigned following a political crisis over Russia-bound Ukrainian drones straying into Latvian territory. She had fired her...