Why Facebook and Google Are Fighting Publishers Over Paying for News

Facebook Inc.

FB 2.12%

on Tuesday agreed to restore news to its platform in Australia, following a five-day blackout that came amid a standoff with the country’s government over a proposal that would force tech companies to pay news publishers for content.

The current showdown, which also involves

Alphabet Inc.’s

GOOG 0.29%

Google, represents the boiling over of a long-simmering…

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