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Publishers around the world react to Facebook's Australia news ban

Media execs are weighing the potential international fallout of Facebook s Australia news ban.
Web traffic to Australian news sites began to drop significantly just hours after the ban.
Australia could serve as a testing ground for tussles elsewhere between regulators and Big Tech.
Facebook s move Wednesday to ban news content in Australia has caused shockwaves not only among publishers Down Under but among news execs elsewhere who are wary that they could soon face similar situations as regulators bear down on Big Tech.
The social networking giant blocked all Australian users and publishers from sharing or viewing news content a ban that extended to preventing users from outside the country from viewing content published by Australian news outlets on Facebook. The ban was a response to a proposed law called the News Media Bargaining Code that would force tech companies to pay to display Australian publishers news content on their platforms. ....

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Alex Lange Leaves Upstream To Head Up Forbes Global Properties

Alex Lange is no longer CEO of broker data management firm Upstream and is now heading up new luxury real estate network Forbes Global Properties.
Lange had been UpstreamRE’s president and CEO since June 1, 2016. In February 2019, the company announced that it had selected real estate data and analytics firm CoreLogic as the new vendor of its long-in-development data management platform, which aims to provide a centralized point of entry for broker data.
National Association of Realtors (NAR) subsidiary Realtors Property Resource (RPR) was previously the vendor for the beleaguered Upstream, which first launched in May 2018, after two years of delays and turned out to be defective. NAR had spent $13 million of its members’ dues over three years on the project, before cutting ties in December 2018. ....

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Forbes Global Properties -- A New Luxury Real Estate Consumer Marketplace And Membership Network, Backed By The World's Most Recognizable Business Media Brand -- Launches Today

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NEW YORK, Dec. 10, 2020 /PRNewswire/ Forbes, the world s most-recognizable business media brand, today announced the launch of Forbes Global Properties, a new curated consumer marketplace that connects discerning buyers directly to the world s finest homes and the best-in-class agents that represent them. Established as an invitation-only consortium of leading real estate firms, the start-up will capitalize on Forbes engaged audience of more than 140 million monthly global visitors to connect, inform, and inspire high-net-worth potential homebuyers and sellers about the finest properties for sale around the world.
Spearheaded by Jeff Hyland, co-founder and president of Hilton & Hyland, and Bonnie Stone Sellers, an accomplished real estate industry veteran, Forbes Global Properties is primarily broker owned and led. Forbes is also invested in the success of the initiative. ....

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