Australian parliament passes law requiring Big Tech to pay media after last-minute changes prompted by Facebook news ban

Australian lawmakers have passed a law that forces tech giants like Facebook and Google fork out money for the media content. Critics argue the bill was watered down after Facebook imposed a week-long ban on Australian news. … Read More >Australian parliament passes law requiring Big Tech to pay media after last-minute changes prompted by Facebook news ban

As Australian government caves, Facebook announces first proposed deal with media after lifting own news content ban

Social media giant Facebook has announced its first proposed deal with an Australian news organization after the tech company lifted its journalism ban on the site over the government’s proposed media code legislation. … Read More >As Australian government caves, Facebook announces first proposed deal with media after lifting own news content ban

Tech firms unveil anti-disinformation code in Australia as call for action follows government inquiries

DIGI, a nonprofit industry association that represents tech giants in Australia, including Facebook, Google and Twitter, has announced that the sites have agreed to a code of practice to fight misinformation on their platforms. … Read More >Tech firms unveil anti-disinformation code in Australia as call for action follows government inquiries

Facebook to ban Australian users from reading and sharing news in response to government’s Big Tech bill

Australian Facebook users will be banned from reading, posting and sharing news, the social media platform said on Wednesday in response to a new government bill forcing tech giants to pay news outlets for using their content. … Read More >Facebook to ban Australian users from reading and sharing news in response to government’s Big Tech bill

Google & Facebook ‘very close’ to striking deals with news orgs, Aussie treasurer says as media reform bill moves on

There has been “great progress” in talks between US tech giants and Australia over legislation which would tip the balance of power in favor of news organizations. Google earlier threatened to stop its services over the bill. … Read More >Google & Facebook ‘very close’ to striking deals with news orgs, Aussie treasurer says as media reform bill moves on

Can Big Tech afford antitrust violations after new law comes into force? RT’s Boom Bust finds out

US Senator Amy Klobuchar, who is now the chair of the senate judiciary subcommittee, has announced a new sweeping antitrust legislation that would significantly raise the risk for companies such as Facebook, Apple, and Google. … Read More >Can Big Tech afford antitrust violations after new law comes into force? RT’s Boom Bust finds out