Google and Facebook reportedly “very close” to first deals ever to pay for news content

Google and Facebook are “very close” to deals with major Australian media to pay for news, a top government official said Monday, as the tech giants scramble to avoid landmark regulation, according to AFP.  

Australian Treasurer Josh Frydenberg said talks with Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai had made “great progress” in resolving a standoff being closely watched around the world, the news agency reported. Australia is poised to adopt legislation that would…


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