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Australia to require Google and Facebook to pay for news content

CANBERRA, Australia — The Australian government said on Friday it plans to give Google and Facebook three months to negotiate with Australian media businesses fair pay for news content. The government has released a draft mandatory code of conduct that aims to succeed where other countries have failed in making the global digital giants pay for news siphoned from commercial media companies. Treasurer Josh Frydenberg said Facebook FB, +0.51% … Source link

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