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Alphabet's Google and Meta Platforms face Canadian push for financial support of news publishers. Proposed legislation aims to negotiate deals and payment for content. ....
New Australian Legislation Mandates Facebook and Google to Pay Publishers for News Stories By Pablo Luna / Friday, 26 Feb 2021 05:51PM Australian lawmakers have enacted new legislation that will mandate Facebook and Google among other tech giants to pay publishers for news stories originating in the country. Although Facebook and Google initially kicked against the regulation, they consented to it after the lawmakers modified the legislation to suit some aspects of their demands. The regulation serves to ensure that tech organizations remunerate news publishers for the content they generate with a view to developing the information industry in Australia. The country’s treasurer, Josh Frydenberg, said tech organizations will be held to a higher demand of responsibility with the new legislation and that news creators in Australia would be able to benefit more from their labors. ....