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by Gideon Polya / February 21st, 2021 The mendacious Australian Mainstream media, Coalition Government and Labor Opposition demand via a news media Bargaining Code that Google and Facebook pay Murdoch and Nine media huge sums for quoting Links to their “information” for free. Google seems to have surrendered to this Australian blackmail and negotiated a private deal to avoid damaging its core Internet operation of quoting Links to information for free. Facebook has finally responded to this Australian blackmail by saying that it will not pay, and as a law-abiding organization will accordi...

The mendacious Australian Mainstream media, Coalition Government and Labor Opposition demand via a news media Bargaining Code that Google and Facebook pay Murdoch and Nine media huge sums for quoting Links to their “information” for free. Google seems to have surrendered to this Australian blackmail and negotiated a private deal to avoid damaging its core Internet operation of quoting Links to information for free. Facebook has finally responded to this Australian blackmail by saying that it will not pay, and as a law-abiding organization will accordingly not quote Links to Australian me...

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 Aust...

The Prime Minister has met with the chief executive of Microsoft, which is prepared to ramp up its search engine Bing to fill a void in Australia if Google makes good on its threat to pull its search engine if its forced to pay for news.

Author Bio Anders Bylund is a Foolish Technology and Entertainment Specialist. Where the two markets intersect, you'll find his wheelhouse. He has been an official Fool since 2006 but a jester all his life. Hypoallergenic. Contains six flavors not found in nature. Believes in coyotes and time as an abstract. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Australian government is considering a mandatory code of conduct for bargaining between Aussie news media and large digital p...