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Explained: What's Australia's new media bargain code all about?

Explained: What s Australia s new media bargain code all about?
Depending on who is explaining it, the code can oscillate between a sham to fill the coffers of Big Media to a plan for news publishers to get their due from Big Tech.
On February 17, the Australian House of Representatives
passed a piece of legislation called the News Media Bargaining Code. Under the code, Facebook and Google are required to pay Australian news outlets for displaying their content.
In response, Facebook stopped displaying news content from the country. What forced Facebook to take such a drastic step? Why is Google signing deals with news publishers to pay them for their content? Whatâs this new Australian news media bargain code about? Why do governments and media publishers want to rein in Big Tech? And most importantly, will this news media bargain code really help journalism or simply tilt the balance of power from Big Tech to Big Media? ....

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Facebook's showdown in Australia is first of many challenges in a year of reckoning

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Facebook s brief but tempestuous standoff with the Australian government over a world-first pay-for-news law is only the start of a string of regulatory battles that the world’s biggest social network faces in 2021.
Mark Zuckerberg started the year on the offensive, blocking news across Rupert Murdoch’s home turf of Australia to fend off demands that Facebook pay media companies for content shared on its platform.
On Tuesday, Mr Zuckerberg struck a compromise after last-minute talks with the government on the legislation that’s also aimed at Google and is expected to pass Australia’s parliament this week. But a regulatory domino effect is already underway, with publishers pressuring the European Union to emulate Australia’s approach. ....

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Domino effect: Facebook faces a year of reckoning

Domino effect: Facebook faces a year of reckoning
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Facebookâs brief but tempestuous standoff with the Australian government over a world-first pay-for-news law is only the start of a string of regulatory battles that the worldâs biggest social network faces in 2021.
Mark Zuckerberg started the year on the offensive, blocking news across Australia to fend off demands that Facebook pay media companies for content shared on its platform.
Mark Zuckerbergâs Facebook is under global regulatory pressure.
Credit:Bloomberg ....

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誰是老大？FB封殺澳媒引多國反撲 媒體被掐住脖子如何抵擋科技巨狠勁？ | 國際

誰是老大？FB封殺澳媒引多國反撲媒體被掐住脖子如何抵擋科技巨狠勁？ | 國際
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Australia passes world-first new law forcing Facebook and Google to pay for news

Australia passes world-first new law forcing Facebook and Google to pay for news
dailymail.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailymail.co.uk Daily Mail and Mail on Sunday newspapers.

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