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Facebook now required to pay for news in Australia, other countries may follow suit: 10 points The tech giants will now be required to pay for local news content (MINT PRINT)Premium Big tech firms had fiercely opposed the legislation from the outset, fearing it would threaten their business models Both Facebook and Google have each said they will invest around US$1 billion each in news around the world Share Via Read Full Story The Australian parliament on Thursday passed landmark legislation that paves the way for Google and Facebook to invest tens of millions of dollars in local content deals.

New delhiRhode islandUnited statesWest bengalMamata banerjeeDavid cicillineWilliam eastonSteven guilbeaultNarendra modiJosh frydenbergEuropean unionAlphabet inc googleKasba chittaranjan high schoolSouth china seaPrime minister narendra modiTreasurer josh frydenberg