6-member SMSFs still sparking client interest accountantsdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountantsdaily.com.au Daily Mail and Mail on Sunday newspapers.
Facebook and Google will have to pay to use content from news media organisations under the Australian government’s new code. Photograph: Denis Charlet/AFP/Getty Images
The Australian government tabled world-first media legislation in parliament on Wednesday that will force Google and Facebook to negotiate a fair payment with news organisations for using their content in Facebook’s newsfeed and Google’s search.
The Australian law is separate to a recent deal Facebook made to pay mainstream UK news outlets millions of pounds a year to license their articles, but has a similar motivation. The social network signed the deals as it faces the threat of a government crackdown over its dominance of online advertising.
Senate amendments to bring-forward bill called into question accountantsdaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from accountantsdaily.com.au Daily Mail and Mail on Sunday newspapers.
Yves here. Get a cup of coffee. This is an in-depth but accessible discussion of how the Big Tech monopolists abused their powers to secure and perfect their advantaged positions. The good news is that the government sleeping giant has awoken to the threat they pose to its authority, and it pulling out antitrust weapons with the aim of cutting the monopolists down to size.
Consider a conversation Alastair Mactaggart had among friends at a social outing. The San Francisco real estate developer asked an engineer working for Google whether we should be worried about privacy. “Wasn’t ‘privacy’ just a bunch of hype?” Mactaggart asked. The Google engineer’s reply was chilling: “If people just understood how much we knew about them, they’d be really worried.”
Senate amendments to bring-forward bill called into question smsfadviser.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from smsfadviser.com Daily Mail and Mail on Sunday newspapers.