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Facebook Reverses News Ban on Australia
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Government condemns Facebook s wrong and heavy handed ban, promises to legislate code
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Wednesday, 10 February 2021, 1:10 pm
It’s looking a touch quixotic, but the News
Media Bargaining Code has become Australia’s weapon of
choice in attempting to redistribute proceeds from big tech
into the coffers of a withering fourth estate. It has now
reached a point of sufficient concern for Google as to
become threatening, winding its way to a Senate Committee
Inquiry before going to Parliament for a vote.
The
Code aims to remunerate news media businesses for content
they generate that is subsequently found through searches on
digital platforms. The body behind its drafting, the
Australian Competition and Consumer Commission, states
Solly Lew snaps up bigger, better Thai bolthole
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What price love? Billionaire rag trader
Solomon Lew has found out the hard way after losing an appeal in his three-year battle to buy the $7 million Thai villa where he proposed to his wife
Roza.
Credit:John Shakespeare
Lew claimed he had been cut out of a deal to buy a luxury Phuket pad, but a Singaporean judge this week found that wasn’t the case. In 2017 Credit Suisse banker
Kai Nargolwala sold the property in Phuket’s glitzy Andara Resort to Hong Kong businessman
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