Facebook ratchets up fight with Australia over news payments
(ATF) The Australian government said on Thursday (Feb 18) that vital information on Facebook would be restored, after the social media giant erased local content in an escalating fight with Canberra over payments for news.The social media giant was widely criticised by politicians and human rights advocates after hundreds of …
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News Corp agrees global content deal with Google
(ATF) Rupert Murdoch’s News Corp struck a global news deal with Google, the media company said on Wednesday February 17, in the most extensive agreement yet for news content with big tech.The two companies will develop a subscription platform, share advertising revenue through Google’s ad technology services, build audio journalism …
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Google, Facebook negotiating deals to compensate Aussie media
(ATF) Google and Facebook are "very close" to multi-million-dollar deals with major Australian media outlets to pay for news, the country's Treasurer has said.The tech giants – under pressure both at home and abroad to share some of the billions in advertising revenue they have grabbed from news outlets around …
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Google threat to cut search service in Australia
(ATF) Google threatened on Friday to block Australians from using its search service if the government doesn't change a draft law that would force the tech giant to share some of their advertising revenue with media outlets for highlights from local news reports.Google Australia managing director Mel Silva warned a …
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US calls on Australia to cancel plan to make internet giants pay for news
(ATF) Washington has asked its closest Asia-Pacific ally to scrap proposed laws that would make Australia the first country in the world to force social media giants to pay for news sourced from local media outlets.Assistant US trade representatives Daniel Bahar and Karl Ehlers suggested Canberra should instead "further study …
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Big Tech runs huge financial risk with Trump de-platforming push
(ATF) Big Tech firms reacted quickly to the Trump-inspired riot in Washington last week, but their move to cut access to social media platforms for the departing president and his political allies may bring a short-term political benefit that is accompanied by long-term negative financial consequences.President Trump showed his trademark …
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India refutes USTR’s allegation on digital tax
(ATF) India has been quick in dismissing the US Trade Representative's (USTR) allegations that its digital services taxes discriminate against US companies, arguing that the levy creates a level playing field and ensures fair competition for all non-resident e-commerce operators.In a statement, India’s commerce department also said that the government …
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US FTC order lumps TikTok in with Amazon, Facebook and Google
(ATF) The US Federal Trade Commission (FTC) on Monday December 14 ordered nine social media and video streaming companies to provide data on how they use personal information.ByteDance, the Chinese owner of short video app TikTok, was among the companies ordered to provide data on how they collect personal information; …
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News Corp CEO fails to dampen Australian sale speculation
(ATF) News Corp CEO Robert Thomson stressed digital real estate, growth at Dow Jones and a potential revaluation of book publisher HarperCollins at a virtual conference on Wednesday December 9. His emphasis will do nothing to dampen speculation that sales of Australian newspapers are on the way.Thomson was speaking at …
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Facebook faces major lawsuits over Instagram, WhatsApp
Facebook could be forced to sell its prized assets WhatsApp and Instagram after the US Federal Trade Commission and nearly every US state filed lawsuits against the social media giant, saying it used a "buy or bury" strategy to snap up rivals and keep smaller competitors at bay. With the …
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