Facebook Says Agreement Reached With Australian Government to Restore News
February 23 2021 - 12:19AM
Dow Jones News
By Mike Cherney
Facebook Inc. said an agreement had been reached with the
Australian government to restore news pages to the social-media
company's platform, following a five-day hiatus locally due to a
disagreement over payment for content.
Facebook removed news from its platform in Australia last week,
as legislation that would effectively require Facebook and Alphabet
Inc.'s Google to pay traditional media companies for content worked
its way through the country's parliament. The legislation is being
widely watched globally and could offer a model for how other
countries could compel tech giants to pay for content.
More to come
(END) Dow Jones Newswires
February 23, 2021 00:04 ET (05:04 GMT)
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