Saturday, May 18, 2024

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

Suspect charged with attempted murder of Slovak PM Fico

(BBC News) A man has been charged with the attempted murder of Slovak Prime Minister Robert Fico after the politician was seriously hurt in...

EU investigates Meta over Facebook and Instagram child safety

(Al Jazeera Media Network) European Union regulators have opened a formal investigation into Meta for potential breaches of online content rules relating to child...