Saturday, April 18, 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

Oil prices drop as Iran says Strait of Hormuz ‘open’ during ceasefire

(BBC News) Oil prices have plummeted after Iran said the Strait of Hormuz would be "completely open" to commercial ships for the remainder of...

Ukraine’s long-range strikes prompt new Russian threat against Europe

(Al Jazeera Media Network) Ukraine has damaged or destroyed so much Russian oil and gas infrastructure in the past two weeks that it has...