Business
Google denies Peter Costello’s claim it uses Australian news content to boost revenue – The Guardian
Nine chairman says company invests millions of dollars in content that Google and facebook use to bloster their platforms
Google Australia has said a claim by the Nine Entertainment chairman, Peter Costello, that the global search engine profits from local news content was demonstrably incorrect.
Costello told Nines annual general meeting that the company invested $1bn this financial year in premium content across its platforms which include Channel Nine, nine.com.au, the Sydney Morning Herald and the Age but Google and Facebook use this content to generate revenue and build their platforms.
Tension has escalated between…
-
Noosa News14 hours agoMan dies in Brisbane crash, women and girl rushed to hospital
-
Business19 hours agoAre BHP shares are buy after its results?
-
General23 hours agoProductivity summit ends day two with progress on rules changes to boost housing supply
-
Noosa News20 hours agoChilling new details emerge in terrifying childcare centre incident in Peregian Springs on the Sunshine Coast