Facebook owner repeats its opposition to news media bargaining code and claims just 3% of content in feeds is news-related
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Meta has doubled down on its decision to end payments to news companies in Australia saying global tech companies cannot solve issues facing the news industry.
Nearly two weeks ago the parent company of Facebook and Instagram announced it would not enter into new deals with Australian media companies to pay for news, as the three-year contracts struck to avoid being regulated under the news media bargaining code begin to expire.
Continue reading…Facebook owner repeats its opposition to news media bargaining code and claims just 3% of content in feeds is news-relatedFollow our Australia news live blog for latest updatesGet our morning and afternoon news emails, free app or daily news podcastMeta has doubled down on its decision to end payments to news companies in Australia saying global tech companies cannot solve issues facing the news industry.Nearly two weeks ago the parent company of Facebook and Instagram announced it would not enter into new deals with Australian media companies to pay for news, as the three-year contracts struck to avoid being regulated under the news media bargaining code begin to expire.Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup Continue reading…