According to ActionAid, “billions” might be at stake that could be used to transform underfunded health and education systems in some of the world’s poorest countries, especially since multiple .css-yidnqd-InlineLink:link{color:#3F3F42;}.css-yidnqd-InlineLink:visited{color:#696969;}.css-yidnqd-InlineLink:link,.css-yidnqd-InlineLink:visited{font-weight:bolder;border-bottom:1px solid… Source link
Read More »How Facebook and Google Buy Off the Press
iStock This story is part of a package exploring how to rescue and revitalize journalism.Read the rest of the pieces here. And, if you enjoy what you’re reading, please consider making a donation—we’re a nonprofit media organization and rely on the support of our readers. You may have heard that Big Tech has damaged journalism. Google and Facebook siphon off ad dollars needed to finance independent reporting while also inserting themselves as… Source link
Read More »Section 230: Why the CEOs of Facebook, Google and Twitter are testifying before the Senate this week
What began as complaints about anti-conservative censorship by social media companies has now evolved into outright allegations of election interference, as high-ranking Republicans have accused online platforms of helping Democrats by way of their content moderation decisions. On Wednesday, the Senate Commerce Committee is set to grill the CEOs of Facebook (FB), Google (GOOG) and Twitter (TWTR) amid right-wing cries of partisanship and threats to change a critical law, known as Section 230,… Source link
Read More »Google, Facebook and YouTube found to make up more than 81% of Australian digital advertising | Australian media
Google, Facebook and YouTube have increased their already substantial share of the digital advertising pie in Australia, leaving less than 20% for news and other websites, according to a new report from the competition regulator. The Australian Competition and Consumer Commission report was released on Friday as the government puts the final touches on its legislation to force the digital platforms to share revenue with Australian media companies. The platforms may be forced to pay hundreds of… Source link
Read More »Top UK competition official threatens action against Google and Facebook
The UK competition regulator has told the government to set up a digital regulator within a year or his agency will take action against Facebook and Google. Andrea Coscelli, chief executive of the Competition and Markets Authority, told the Financial Times he was preparing to mount investigations into the two internet giants if the government did not act fast enough to curb their powers. In his clearest statement of intent yet, Mr Coscelli said the watchdog would give the… Source link
Read More »ABC-run social network proposed to step in for Facebook and Google in Australia | Google
A publicly-funded social network run by the ABC has been proposed as one possible response if Facebook and Google limit services in Australia when the mandatory news code becomes law this year. Facebook has warned it will block Australians from sharing news if the landmark plan to make digital platforms pay for news content becomes law. Google has been running a public campaign against the code and launched an international campaign targeting YouTube users when the government announced it… Source link
Read More »Facebook is ‘the 800-pound gorilla in the misinformation market’
Facebook (FB) recently announced that it would be banning advertisements that discourage vaccines and banning content related to rabid QAnon conspiracy theories. But according to Imran Ahmed, the CEO of the Center for Countering Digital Hate, it’s too little too late — especially considering that the platform won’t touch existing anti-vaccine posts. “Facebook, they are the 800-pound gorilla in the misinformation market,” Ahmed said on Yahoo Finance’s The First Trade (video above)…. Source link
Read More »Australia now has a template for forcing Facebook and Google to pay for news – TechCrunch
Australia is closing in on a legally binding framework to force adtech giants Facebook and Google pay media companies for monetizing their news content when it’s posted to their social media platforms or otherwise aggregated and monetized. Back in April the country’s government announced it would adopt a mandatory code requiring the tech giants to share ad revenue with media business after an attempt to negotiate a voluntary arrangement with the companies failed to make… Source link
Read More »Australia to force Google and Facebook to pay news publishers
Facebook and Google logos Peter Foley/Bloomberg | Getty Images Google and Facebook could be forced to pay Australian news publishers to distribute their content, in a landmark regulatory move from the country’s competition regulator. The Australia Competition and Consumer Commission was tasked by the government earlier this year with developing a mandatory code for the tech giants to pay for their use of news content. If approved, a draft code announced by the ACCC Friday would allow Australian… Source link
Read More »Facebook and Google would have to pay media companies for news under new legislation in Australia
Regulators on Friday released draft legislation that would let news publishers in the country negotiate compensation with the two tech companies for sharing or displaying their stories. It would allow certain media outlets to bargain either individually or collectively with Facebook and Google — and to enter arbitration if the parties can’t reach an agreement within three months, according to the Australian Competition and Consumer Commission (ACCC), which put out the proposed legislation…. Source link
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