Newsdeck: Facebook Ends Australia News Blackout After Law Compromise

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(Bloomberg) --Facebook Inc. backed down from its news blackout in Australia after the government agreed to amend world-first legislation forcing the tech giant and Google to pay local publishers for content.

The social-media platform switched off news sharing in Australia last week in opposition to the proposed law, and Mark Zuckerberg and government officials have been locked in talks to find a compromise.

The legislation, which is expected to pass parliament this week, has made Australia a testing ground for digital-platform regulation as jurisdictions worldwide rein in the Silicon Valley juggernauts. “There is no doubt that Australia has been a proxy battle for the world,” Frydenberg said. “So many other countries are looking at what is happening here in Australia.”“We are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns,” William Easton, managing director for Facebook Australia & New Zealand, said in aIn blocking news sharing, Facebook switched off the main news source for almost one in five Australians.

 

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