Australia bent – Facebook won

Australia believes that technology platforms such as Facebook benefit financially from news content, while the media house that produced the news does not receive appropriate compensation for its news. Australia began preparing a law that would oblige technology platforms to pay media outlets for news content that came out.

Facebook threatened Australia to block the news from appearing on its service altogether if the law proceeded as intended.

Australia did not give up, and in February 2021, the defiant pecking of Facebook and Australia progressed to action.

After the incident, Australia emerged as a moral winner and assured that Facebook will not give up.

The Sydney Morning Herald says Facebook has now been given up.

Australia’s Facebook will restore the news back to the public now that the prime minister Scott Morrison led by the government has made last-minute concessions to its new media content law.

“These additions will give digital platforms and news media more clarity on how the legislation is intended to work. They will also strengthen the system to ensure that media companies receive fair compensation, ”said the Australian Minister of Finance. Josh Frydenberg and the Minister of Communications Paul Fletcher said in a joint statement on Tuesday.

Reconciled Facebook news boss Campbell Brown responded by saying that Facebook will return the news in the coming days. However, Brown underlined that the company is ready to reintroduce news blackout if the need arises.

Source: Tivi by

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