"Meta's Decision to Stop Paying for News Sparks Outrage in Australia and U.S."

TL;DR Summary
Meta Platforms, owner of Facebook, has announced it will stop paying Australian news publishers for content that appears on its platform, sparking a fresh battle with the Australian government. This move comes in response to a 2021 law that forces internet giants to strike licensing deals with news publishers. The decision has drawn criticism from Australian officials and media outlets, with concerns raised about the impact on journalism quality and the industry. The government is seeking advice on its next steps, including the possibility of appointing a mediator to set Meta's fees and potentially imposing fines if it fails to cooperate.
Topics:world#australia#meta-platforms#news-publishers#online-advertising#social-media#technology-business
- Facebook owner Meta angers Australia with plan to stop paying for news content Reuters
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- Australian officials reprimand Meta after tech giant says it will stop paying for news NBC News
- If Meta’s intransigence isn’t enough, AI poses an even greater threat to journalism The Guardian
- Meta Says It Won't Renew Deals With News Publishers in Australia, U.S. The Wall Street Journal
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