News for Seven West Media Ltd (WA7.SG)

Facebook won concessions from the Australian government, but the news blackout could prompt further scrutiny as other countries consider requiring the company to pay for news.

By Byron Kaye and Colin Packham

The government will make changes to legislation, including requiring more negotiation before binding arbitration kicks in.

International Business News: Australian treasurer Josh Frydenberg was as shocked as anyone when he learned that Facebook Inc had blocked news content from its website in his count

He had been in direct contact with Facebook CEO Mark Zuckerberg and, he thought, was making progress toward an accommodation over proposed rules that would force the tech titan to pay publishers to link to their news.

He had been in direct contact with Facebook CEO Mark Zuckerberg and, he thought, was making progress toward an accommodation over proposed rules that would force the tech titan to pay publishers to link to their news.

International Business News: Australia on Wednesday said promised laws forcing tech giants to pay media outlets for content had already succeeded after reports that publisher and

SYDNEY — Australia on Wednesday said promised laws forcing tech giants to pay media outlets for content had already succeeded after reports that publisher and…

The tug-of-war is being keenly watched around the world; a win by the Australian govt will set a precedent for other countries to follow