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AUSTRALIAN JOURNALISM FUNDING
Australia to charge Big Tech companies 2% levy unless they strike local news dealsAustralia is gearing up to implement a groundbreaking levy on major tech giants. If platforms like Meta, Google, and TikTok fail to compens...- When Facebook blocks news, studies show the political risks that followCanada has become ground zero for Facebook's battle with governments that have enacted or are considering laws that force internet giants -...
- Meta threatens to yank news content from California over payments billThe proposed California Journalism Preservation Act would require "online platforms" to pay a "journalism usage fee" to news providers whos...
- Dollar flat after Fed official comments; focus on CPI data next weekThe report raised expectations that the Fed might go back to an aggressive monetary policy stance, but Powell did not lean further into tha...
- Facebook owner Meta may remove news from platform if US Congress passes media billMeta spokesperson Andy Stone in a tweet said the company would be forced to consider removing news if the law was passed "rather than submi...
- Rate hike bets hoist Euro and bolster US dollarGerman inflation running at its highest in nearly 50 years and a growing chorus of European Central Bank officials calling for big rate hik...
- Facebook set to finance regional Australia newspaper fundThe move brings a grassroots element to a string of deals announced by Facebook in Australia since the country legislated to make it and Al...
- Bill to aid US publishers vs. Google, Facebook rises againAustralia and other countries have started pushing mechanisms to support news publishers against Facebook and Google, which dominate online...
- Bill to aid US publishers vs. Google, Facebook rises againAustralia and other countries have started pushing mechanisms to support news publishers against Facebook and Google, which dominate online...
- Zuck to pay Murdoch for newsElsewhere in today's ETtech Evening Briefing: Cred's valuation may hit $2 billion with fresh funding; Ant Group valued at more than $200 bi...
- Facebook, Google fight bill that would help US news industryGoogle has launched a website asserting it is "one of the world's biggest financial supporters of journalism" by virtue of the ad revenue a...
- What's up between Google, Facebook and Australia?Google had threatened to make its search engine unavailable in Australia in response to the legislation, which would create a panel to make...
- Facebook unfriends Australia: news sites go dark in content rowFacebook's dramatic move represents a split from Alphabet Inc-owned Google after they joined together for years to campaign against the law...
- View: Who’ll pay for global recession?Massive government borrowings to fund these stimulus packages are not free gifts. Who will repay this enormous debt, and how long will it t...
- A $3 billion tech company with no outside investors is planning a big IPOAustralian tech company Atlassian, which makes the popular JIRA Service Desk and HipChat enterprise chat app, is planning an American IPO.
- Bengaluru boy Kumar Palghat to be co-manager of $1.5-billion bond fund along with legendary Bill GrossKumar Palghat, who was hired by Gross will co-manage the Janus Unconstrained Bond Fund along with Gross, the two firms said.
- Evolution and venomous snakes: Diet distinguishes look-alikes on two continentsOn opposite sides of the globe over millions of years, the snakes of North America and Australia independently evolved similar body types t...
- Goldman Sachs faces $1 bn suit: ReportAustralian hedge fund manager Basis Capital has accused Goldman of fraudulently selling a now notorious financial instrument called Timberw...
- MGM Mirage hires Morgan Stanley to evaluate casino bidsMGM Mirage has hired investment bank Morgan Stanley to evaluate bids for regional casinos in Michigan and Mississippi.
- Lehman likely to post loss, may sell stock to raise $4bLehman Brothers may report its first quarterly loss since going public in 1994, increasing pressure on the company to raise capital by sell...
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