Facebook has made up with the Australian government. The social network has promised to restore news on its platform. This is a victory for Australia, which believes Facebook and Google benefit more from news journalism than vice versa.
Do not see this as a complete capitulation by the tech group. It has extracted concessions that may influence copycat legislation in other jurisdictions.
Amendments to the proposed Australian law forcing Big Tech to pay for news will make it easier for Facebook to strike deals on its own terms. The code will not apply if the company can show a “significant contribution” to the Australian news industry by reaching agreements with publishers.
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