Business
Facebook bans Aussies from sharing, viewing news
In a dramatic escalation of tensions, Facebook Inc (NASDAQ: FB) on Thursday morning blocked Australian users from sharing or viewing news articles.
The social media giant, along with Alphabet Inc (NASDAQ: GOOGL), has been locked in a public argument with the Australian government about a proposed new media code.
The code is the first attempt in the world to try to force the platforms to share the revenue they earn from content produced by media companies.
As other nations are watching closely at the precedent the Australian deal might set, both tech companies had threatened to cut off their services during negotiations.
But Facebook’s move on Thursday is the first shut down actually implemented.
Facebook ANZ managing director Click here to view the original article.
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