Meta says Facebook cannot solve media industry’s ‘issues’ as it defends ending payments for news in Australia
by Josh Taylor from World news | The Guardian on (#6KB2W)
Facebook owner repeats its opposition to news media bargaining code and claims just 3% of content in feeds is news-related
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Meta has doubled down on its decision to end payments to news companies in Australia saying global tech companies cannot solve issues facing the news industry.
Nearly two weeks ago the parent company of Facebook and Instagram announced it would not enter into new deals with Australian media companies to pay for news, as the three-year contracts struck to avoid being regulated under the news media bargaining code begin to expire.
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