Facebook says its free news feed is helping journalism
by Amanda Meade from Technology | The Guardian on (#3NGA5)
Company tells Australian regulator that news makes up just 5% of content shared, and downplays its collection and use of people's data
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Facebook has told the Australian competition regulator that news makes up just 5% of the content shared on the platform, and the social media giant is helping journalism by providing a free global distribution service for publishers.
In its submission to the Australian Competition and Consumer Commission inquiry into the impact of digital platforms on media and advertising, Facebook also downplayed its collection and use of people's data, saying many organisations, including newspapers, collected similar data.
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