Google and Facebook stand firm against Australia’s new law

The new legislation which the Australian government might pass stands to make the tech giants like Google and Facebook pay the media companies for the news contents.

But the new law does not sit well with the U.S-based tech giants, who are the two of the world’s biggest tech companies. To make matters extreme, Google is even threatening to shut down its search engine in the continent if the law is enacted.

Australian Treasurer Josh Frydenberg held talks with Facebook Chief Executive Officer Mark Zuckerberg and Google counterpart Sundar Pichai over the weekend. “We’re very close to some very significant commercial deals. We have made great progress.”

According to sources, parliament will consider the legislation from this week. It will give the internet giants an incentive to agree on compensation terms for news companies before the law is passed.

If Facebook and Google didn’t manage to strike a beneficial deal with the Australian administration, soon, Canada and the European Union will follow similar legislation.

Google has proposed that compensating publishers through its News Showcase product, under which it pays media outlets for curated content, rather than be bound by the legislation, will help both the company and the media outlets.

The Australian government is willing to let the technology companies avoid paying for news snippets if the media companies sign up to Google Showcase and Facebook News.

For further details, we will have to wait and see what new negotiations arise.

source

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Google Play Redeem Codes for FREE Today, February 28...

Google Play Redeem Codes as of February 28, 2025: All You Need to Know   Google Play, commonly referred...

Qualcomm and Google Extend Android Software Support to 8...

Qualcomm and Google have announced an extended software support plan for select Android smartphones, increasing updates to...
Google Home Extension Now Widely Available for Galaxy Users in Gemini App

Google Home Extension Now Widely Available for Galaxy Users...

Google has been steadily enhancing its AI ecosystem, and the latest advancement brings a much-anticipated feature for...

Android 16 Beta 2 Released: Key Features, Supported Devices...

Google has officially rolled out Android 16 Beta 2, bringing incremental updates alongside new features for Android...
Google One AI Premium Now Includes NotebookLM Plus in 2025

Google One AI Premium Now Includes NotebookLM Plus in...

Google has just made a massive upgrade to its Google One AI Premium subscription, adding NotebookLM Plus...

LATEST NEWS

Champions Trophy 2025: South Africa vs England – Preview, Prediction and Where To Watch The Match LIVE

South Africa (SA) will face England (ENG) in Match 11 of the ongoing Champions Trophy 2025 at the National Stadium in Karachi on Saturday,...

WPL 2025: Royal Challengers Bengaluru Women vs Delhi Capitals Women – Preview, Prediction and Where To Watch The Match LIVE

Royal Challengers Bengaluru Women (RCB-W) are set to face Delhi Capitals in the 14th match of the WPL 2025 at M Chinnaswamy Stadium in...

Microsoft May Discontinue Skype in May 2025, Push Users to Teams

Microsoft appears to be preparing to phase out Skype. In the latest preview of Skype for Windows, patch notes suggest that the service could...

Infinix ZERO Series Mini Tri-Fold Concept Unveiled Ahead of MWC 2025

Infinix has unveiled its Infinix ZERO Series Mini Tri-Fold concept smartphone at an event in Hong Kong. This innovative foldable tri-folding hardware device goes...

Featured