suck shit cuckerberg
The dramatic move by Facebook comes with Australia poised to adopt legislation that would force digital platforms to pay for news content.
Australia's competition watchdog has maintained that for every $100 spent on online advertising, Google captures $53, Facebook takes $28 and the rest is shared among others, depriving media outlets of needed revenue to support journalism.
Google earlier Wednesday took the opposite tack, announcing it had struck a deal that would allow for "significant payments" to Rupert Murdoch's News Corp. for content.
au.news.yahoo.com
The dramatic move by Facebook comes with Australia poised to adopt legislation that would force digital platforms to pay for news content.
Australia's competition watchdog has maintained that for every $100 spent on online advertising, Google captures $53, Facebook takes $28 and the rest is shared among others, depriving media outlets of needed revenue to support journalism.
Google earlier Wednesday took the opposite tack, announcing it had struck a deal that would allow for "significant payments" to Rupert Murdoch's News Corp. for content.
Facebook to block Australian users from viewing or sharing news
It comes in response to a proposed law that would force the company to pay publishers for content.
