Australia to force Google and Facebook to pay for news content

Facebook and Google both make huge amounts of money through advertising, and the Australian government feels this money should be shared with the smaller players the companies benefit from. Specifically, digital platforms such as Google and Facebook will be required to pay news outlets for the content they produce. The Australian Competition and Consumer Commission (ACCC) told the government that initial plans for a voluntary code of conduct were unlikely to work, hence the move to a mandatory code. The move by the Australian government could well lead to similar moves in other countries. See also: Facebook Gaming app launches… [Continue Reading]