Tag Archives: Australia

The Australian government has passed a new law requiring Google and Facebook to negotiate with news outlets to pay for their content or face arbitration. “This is a significant milestone,” said Josh Frydenberg, the Liberal party’s deputy leader who spearheaded the new law. “This legislation will help level the playing field & see Australian news media businesses paid for generating original content.” The Australian Competition and Consumer Commission (ACCC) says the law will… Source link

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

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

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

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

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

“Thankfully, after further discussion, the Australian government has agreed to changes that mean fair negotiations are encouraged without the looming threat of heavy-handed and unpredictable arbitration,” Clegg, a former British deputy prime minister, wrote in a Facebook post. Source link

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

SYDNEY—Australian legislation effectively requiring Facebook Inc. FB 2.12% and Google to pay news outlets for content cleared its last major parliamentary hurdle, capping a multiyear effort that could set a global precedent for regulating the tech giants’ relations with publishers. As its spat with the Australian government over the proposed media code deepened, Facebook last week followed through on a… Source link

Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com. CANBERRA – Australia will not alter legislation that would make Facebook and Alphabet Inc’s Google pay news outlets for content, a senior lawmaker said on Monday, as Canberra neared a final vote on whether to pass the bill into law. Ticker Security Last Change Change % FB FACEBOOK INC. 260.33 -1.23 -0.47% GOOG ALPHABET INC. 2,064.88 -36.26 -1.73% Australia and the tech giants have been in a stand-off over the… Source link