Facebook Reaches Deal With Australia to Restore News

02/23/2021

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Mike Cherney | WSJ

SYDNEY—Facebook Inc. reached a deal with the Australian government to restore news pages to the social media company’s platform, following a five-day suspension because of a disagreement over payment for content.

Facebook removed news from its platform in Australia last week, as legislation that would effectively require Facebook and Alphabet Inc.’s Google to pay traditional media companiesfor content worked its way through the country’s parliament. The legislation is being widely watched globally and could offer a model for other countries to compel tech giants to pay for content.

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