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Facebook blocks news in Australia, PM describes the move as 'arrogant' and 'disappointing' Web traffic to Australian news sites has dropped by about 30 per cent Facebook blocks news in Australia To continue reading... Don't have an account? Computing helps IT leaders to make technology a revenue and innovation engine for their businesses. Our unique package of news and analysis enables you to discover what the smartest minds in the industry are doing and scan the horizon for what’s next REAL-TIME NEWS AND ANALYSIS: find out what’s happening and why in the technology space including news o...

Google strikes deal with News Corp, Agrees to pay for showcasing its news © Aurobindo Das Google strikes deal with News Corp, Agrees to pay for showcasing its news Tech giant Google has agreed to pay News Corp, a global, diversified media and information services company in return for providing stories from its news sites. The deal was struck following a standoff between Google and the Australian government over the proposed legislation that would deem tech giants like Google and Facebook to pay for the news content showcased on its platform. “Today’s agreement with News Corp covers a ...

EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and those who want to make informed investment decisions.

The deal includes an ad revenue-sharing agreement and the development of a subscription platform.

Robert Thomson, the chief executive of News Corp, said the deal would have “a positive impact on journalism around the globe as we have firmly established that there should be a premium for premium journalism”. “I would like to thank [Google CEO] Sundar Pichai and his team at Google, who have shown a thoughtful commitment to journalism that will resonate in every country. This has been a passionate cause for our company for well over a decade and I am gratified that the terms of trade are changing, not just for News Corp, but for every publisher.” In a statement, Google’s Don Harris...