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Stock impact report

Australia forces Google, Facebook to pay for news content: report [FOX News]

News Corporation - Class B (NWS) 
US:NASDAQ Investor Relations: investors.newscorp.com/investor-relations
Company Research Source: FOX News
closeVideoFox News Flash top headlines for April 19Fox News Flash top headlines are here. Check out what's clicking on Foxnews.com.Get all the latest news on coronavirus and more delivered daily to your inbox.Sign up hereCANBERRA, Australia — Global digital platformsGoogleTreasurer Josh Frydenberg said the Australian Competition and Consumer Commission would release in late July draft rules for the platforms to pay fair compensation for the journalistic content siphoned from news media.Frydenberg said he believed that Australia could succeed where other countries, including France and Spain, had failed in making Google and pay.FORMER GOOGLE CEO SLAMS FEDERAL GOVERNMENT’S CORONAVIRUS RESPONSE, SAYING IT 'COST US LIVES'“We won’t bow to their threats,” Frydenberg told reporters. “We understand the challenge that we face. This is a big mountain to climb. These are big companies that we are dealing with, but there is also so much at stake, so we’re prepared for this fight.”The ACCC had at Show less Read more
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