Australia passes law to make Google, Facebook pay for news

CANBERRA, Australia (AP) — Australia’s law forcing Google and Facebook to pay for news is ready to take effect, though the laws’ architect said it will take time for the digital giants to strike media deals. The Parliament on Thursday passed the final amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday. In return for the changes, Facebook agreed to lift a ban on Australians accessing and… Source link

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Australia passes law to make Google, Facebook pay for news

CANBERRA, Australia (AP) — Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws’ architect said it will take time for the digital giants to strike media deals. The Parliament on Thursday passed amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday. In return for the changes, Facebook agreed to lift a ban on Australians accessing and sharing… Source link

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Australia passes law to make Google, Facebook pay for news

CANBERRA, Australia (AP) — Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws’ architect said it will take time for the digital giants to strike media deals. The Parliament on Thursday passed amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday. In return for the changes, Facebook agreed to lift a ban on Australians accessing and sharing… Source link

Read More »

Australia passes law to make Google, Facebook pay for news

CANBERRA, Australia (AP) — Australia’s laws forcing Google and Facebook to pay for news are ready to take effect, though the laws’ architect said it will take time for the digital giants to strike media deals. The Parliament on Thursday passed amendments to the so-called News Media Bargaining Code agreed between Treasurer Josh Frydenberg and Facebook chief executive Mark Zuckerberg on Tuesday. In return for the changes, Facebook agreed to lift a ban on Australians accessing and sharing… Source link

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Justice Department gives judge big Google document request

FILE PHOTO: A man walks past a logo of Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – The Justice Department asked the judge hearing its antitrust fight with Alphabet’s Google for a huge list of documents from the search and advertising giant, including some about Facebook and Google’s Chrome browser, according to a court filing on Wednesday. Among the documents requested was communications with third parties… Source link

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Justice Department gives judge big Google document request

FILE PHOTO: A man walks past a logo of Google in front of at an office building in Zurich, Switzerland July 1, 2020. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – The Justice Department asked the judge hearing its antitrust fight with Alphabet’s Google for a huge list of documents from the search and advertising giant, including some about Facebook and Google’s Chrome browser, according to a court filing on Wednesday. Among the documents requested was communications with third parties… Source link

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Nvidia Slips on Concern About Growth of Data Center Business

(Bloomberg) — Nvidia Corp. shares slipped on concern about growth of the company’s data center chip business. During an earnings conference call, Chief Financial Officer Colette Kress said the majority of growth in the current period will come from Nvidia’s gaming business. Some analysts worried that means the data center division will expand more slowly and they asked several questions on the topic during the call. Nvidia reported data center chip sales jumped 97% to $1.9 billion in the… Source link

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Buffett’s right-hand man says US stock market is overvalued

TipRanks 3 Stocks Goldman Sachs Says Are Ready to Rip Higher Is the bull market about to take a long breather? Not according to Goldman Sachs. In fact, the firm believes the bull market has a long way to run yet; Chief global equity strategist Peter Oppenheimer recently noted that the market was moving from a “’Hope’ phase to a longer ‘Growth’ phase.” The firm’s economists are expecting the economy to sprout higher by 6.8% in 2021 and believe that by the end of the year the… Source link

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Stock futures open flat; GameStop, AMC shares surge

TipRanks 2 Stocks Trading at Rock-Bottom Prices; Analysts Say ‘Buy’ We’re in a volatile period right now, as stocks slipping after starting the year on a strong note. Big Tech, which boomed during the pandemic lockdowns and the move to remote work, is leading the declines. Investors have taken the measure of the vaccination programs, and now, in fueled by both a belief and a hope that economies will soon return to a more normal footing, they are seeking out those stocks that will gain we… Source link

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