Friday, July 31, 2020

Australia makes Facebook & Google pay for news

Australia will force U.S. tech giants Facebook and Google to pay Australian media outlets for news content in a landmark move to protect independent journalism that will be watched around the world.

Mel Silva, Managing Director of Google Australia and New Zealand said about the regulation
"It sends a concerning message to businesses and investors that the Australian government will intervene instead of letting the market work"

https://www.theguardian.com/media/2020/jul/31/google-and-facebook-to-be-forced-to-share-revenue-with-media-in-australia-under-acccs-draft-code

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