The Australian parliament is poised to pass a landmark media law that would make Google and Facebook pay news publishers for displaying their content. The Australian law is separate to a deal Facebook made to pay mainstream UK news outlets millions of pounds a year to license their articles, but has a similar motivation. The legislation, which will be debated this week, is designed to support Australian public interest journalism and is backed by all the nation’s media companies, big and… Source link
Read More »UPDATE 2-Australia’s political opposition to support Facebook, Google legislation -sources
Benzinga What Keystone Pipeline Cancellation Means For Crude-by-rail President Joe Biden’s revocation of the March 2019 permit enabling the construction of the Keystone XL pipeline will likely result in more crude-by-rail volumes, according to industry observers. But how much volumes will increase could largely depend on the price that heavy crude oil can fetch in the global market. “The cancellation of the Keystone pipeline project was inevitable once the government changed. Despite its… Source link
Read More »Australia’s political opposition to support Facebook, Google legislation: sources
CANBERRA (Reuters) – Australia’s political opposition will support proposed legislation that would force Alphabet’s Google and Facebook to pay publishers and broadcasters for content, two sources briefed on the matter said on Tuesday. The bill, whose prospects are being widely watched around the world, is dependent upon support from the opposition as Prime Minister Scott Morrison’s ruling Liberal party does not have a majority in the country’s upper house. Lawmakers from Australia’s… Source link
Read More »Australia’s political opposition to support Facebook, Google legislation: sources
CANBERRA (Reuters) – Australia’s political opposition will support proposed legislation that would force Alphabet’s Google and Facebook to pay publishers and broadcasters for content, two sources briefed on the matter said on Tuesday. The bill, whose prospects are being widely watched around the world, is dependent upon support from the opposition as Prime Minister Scott Morrison’s ruling Liberal party does not have a majority in the country’s upper house. Lawmakers from Australia’s… Source link
Read More »Australia’s political opposition to support Facebook, Google legislation: sources
CANBERRA (Reuters) – Australia’s political opposition will support proposed legislation that would force Alphabet’s Google and Facebook to pay publishers and broadcasters for content, two sources briefed on the matter said on Tuesday. The bill, whose prospects are being widely watched around the world, is dependent upon support from the opposition as Prime Minister Scott Morrison’s ruling Liberal party does not have a majority in the country’s upper house. Lawmakers from Australia’s… Source link
Read More »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… Source link
Read More »Australia says Google, Facebook close to media pay deals
CANBERRA, Australia (AP) — Australia’s Treasurer Josh Frydenberg says Google and Facebook are close to striking “significant commercial deals” to pay Australian media for news ahead of Australia creating world-first laws that would force the digital giants to finance journalism. Parliament is scheduled to consider the draft laws on Tuesday after a Senate committee recommended no changes to the proposed regulations… Source link
Read More »Australia says Google, Facebook close to media pay deals
CANBERRA, Australia (AP) — Australia’s Treasurer Josh Frydenberg says Google and Facebook are close to striking “significant commercial deals” to pay Australian media for news ahead of Australia creating world-first laws that would force the digital giants to finance journalism. Parliament is scheduled to consider the draft laws on Tuesday after a Senate committee recommended no changes to the proposed regulations… Source link
Read More »Australia says Google, Facebook close to media pay deals – Yahoo Finance
TipRanks Morgan Stanley Storms Into the EV Space; Offers 2 Stocks to Buy We are indeed living in interesting times – and in many ways, that’s a good thing. Take the automotive industry, for example. Technology is changing a rapid pace, and when it settles, it will dramatically change the way we drive. In 2030, our concept of ‘car’ will likely be unrecognizable to drivers from 1980. The biggest changes are coming from power systems and artificial intelligence. AI will bring autonomous tech… Source link
Read More »Australia panel report says to make Google and Facebook pay for news
CANBERRA, Australia — Australia’s Parliament will debate making Google and Facebook pay for news after a Senate committee on Friday recommended no changes to drafts of the world’s first such laws. The Senate Economics Legislation Committee has been scrutinizing the bill since it was introduced in Parliament in December. The senators rejected Facebook and Google’s arguments that the so-called media bargaining code, which would force the digital… Source link
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