Google and Facebook are “very close” to signing a pay for news deal with Australian media as tech giants scramble to avoid regulation
- Australia is poised to force digital companies to pay for news content
- Facebook and Google had claimed it would change the face of the internet
- But the stalemate appears to have dissolved after “great strides” were made
- The first major deal between Google and an Australian news company was closed and is worth £ 16.5 million a year
Google and Facebook are “very close” to deals with major Australian media outlets to pay for news, a senior government official said Monday as tech giants scramble to avoid pioneering regulation.
Australian treasurer Josh Frydenberg said talks with Facebook CEO Mark Zuckerberg and Google CEO Sundar Pichai made “great strid
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