Facebook strikes a deal to bring news back to its News Feed in Australia
The social media giant has reached an agreement with the Australian government and said it’ll restore news links and pages on its platform in the coming days. This comes days after the social network barred all users and publishers in the country from posting or viewing news links, as new Australian laws required platforms like Facebook to pay publishers to display their content.
"After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns about allowing commercial deals that recognize the value our platform provides to publishers relative to the value we receive from them," Facebook said.
Last week, the Australian government refused to make amendments to its code that forced platforms such as Facebook and Google to pay news sites for displaying links to articles. While Facebook decided to ban news links from its platform altogether, Google cut a deal with multiple news networks including Seven Entertainment and News Corp to pay for news.