Australia Orders Google & Facebook To Share Revenue With Local Media For News Content Or Pay $10M Fine | GreatGameIndia – Aug 7, 2020

By GreatGameIndia – August 7, 2020

In a move to protect the native news industry from tech giants, Australia has ordered Google and Facebook to share revenue with local media for news content of pay $10M fine. The Australian authorities have ordered Facebook Inc. and Alphabet Inc.’s Google to pass on the earnings made from news pieces to local media. Authorities stated that the judgment was an attempt to correct a potential unbalance amidst the two tech giants and a residential digital industry that’s draining activities. →

Read more via Australia Orders Google & Facebook To Share Revenue With Local Media For News Content Or Pay $10M Fine — GreatGameIndia