Facebook claims it can PICK AND CHOOSE who it pays after Australia caves in over news blockade: Zuckerberg agrees to reinstate papers in Newsfeed after government agrees to water down new laws to force tech giants to pay for content
Facebook claims it will be able to pick and choose which news organisations it pays under new laws being voted on in Australia
Rule could allow the site to ban companies it disagrees with or those demanding high prices for their news, while under-cutting them with cheaper rivals
If confirmed, it would hand tech giant a powerful tool in fight over paid content
Xinhua Asia-Pacific news summary at 1000 GMT, Feb 23
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Australia says Facebook will lift its Australian news ban | iNFOnews | Thompson-Okanagan s News Source
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Facebook Agrees To Restore News In Australia After Government Makes Amendments To Proposed Law
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Facebook Wins a Battle with Aussies But May Lose the War in Long-Term, Observers Say
Sputnik International
https://sputniknews.com/asia/202102231082163043-facebook-wins-a-battle-with-aussies-but-may-lose-the-war-in-long-term-observers-say/
The Australian government has struck a deal with Facebook under which Canberra has agreed to make amendments to its landmark media bargaining legislation, while the tech firm will restore news to Australian pages in the next few days. But the question remains, who gains to gain the most from the pact?
On 23 February, Australian Treasurer Josh Frydenberg and Communications Minister Paul Fletcher announced that they reached a compromise with Facebook CEO Mark Zuckerberg over the Media Bargaining code, which will undergo certain changes while the tech giant, in its turn, will commit to make a significant contribution to local journalism.