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Facebook Strikes Deal to Restore News Sharing in Australia
Facebook had vigorously objected to the code, which would curb its power and drive up its spending for content, as well as setting a precedent for other governments to follow. The company had argued that news would not be worth the hassle in Australia if the bill became law.
But on Monday, Facebook returned to the negotiating table after the Australian government granted a few minor concessions. Under several amendments to the code, Facebook would get more time to cut deals with publishers so it would not be immediately forced into making payments. The amendments also suggested that if digital platforms had significantly contributed to the Australian news industry, the companies could avoid the code entirely, at least for now.
Publisher: www.nytimes.com
Date: 2021-02-23T04:40:26.000Z
Reference: Visit Source (Read Article)
Happening on Twitter
Breaking, Facebook’s shock lobbying worked >> Facebook Strikes Deal to Restore News Sharing in Australia after endi’ https://t.co/4sdYcBpgpc
MarietjeSchaake (from Online)
Tue Feb 23 05:49:20 +0000 2021
Facebook strikes deal with Australia to restore news on platform https://t.co/ilsPJisL16
FT (from London)
Tue Feb 23 06:08:39 +0000 2021
After setback in India on privacy issue of Whatsapp in India, @Facebook bent down in Australia after initially bloc’ https://t.co/Kd86KXboHT
vijai63 (from India)
Tue Feb 23 05:44:33 +0000 2021
