Technology
Facebook agrees to pay News Corp for content in Australia – Financial Times
Closely watched battle between billionaire-owned empires settled with three-year deal
News Corp has struck a three-year deal to provide news to Facebook in Australia, ending a battle between two billionaire-owned empires being watched worldwide as a possible template for regulating Big Tech.
The Rupert Murdoch-controlled publisher said on Monday the agreement would allow it to “provide access to trusted news and information to millions of Facebook users” in the country through the social media network’s dedicated news tab. Financial details were not disclosed.
The deal includes…
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