Australia

On Thursday, the Australian government passed a law that aims to “address the bargaining power imbalances with digital platforms and media companies.” The code will apply to Google Search and Facebook News Feed, but other digital platform services may also be added.

The International Olympic Committee said Brisbane, Australia is the frontrunner to host the 2032 Summer Olympics, which, if selected, would mark the third time Australia has hosted the summer games.

It comes days after the Australian government introduced several last-minute changes to the proposed bill.

The Australian state of Queensland is now strongly favored to host the 2032 Olympics

Australia’s antitrust chief has claimed a victory over Facebook in a digital news battle that has captivated the world over the last week.

From England to Australia, innovation and new ideas are changing urban mobility in a number of ways.

Global dividends fell sharply in 2020 due to the coronavirus pandemic, with dividends declining 12.2% in 2020 to $1.26 trillion, one report suggests.

Facebook will lose fans and customers in Australia as a result of its news ban, according to a Facebook user in Sydney.

Facebook said Wednesday that Australian users will no longer be able to view or share news content.

For two decades, global news outlets have complained internet companies are getting rich at their expense, selling advertising linked to their reports without sharing revenue

Facebook banned a large swathe of non-news pages in Australia in its attempt to remove news content from its platform.

Facebook’s decision was in response to a proposed media law in Australia that will require online platforms to pay news outlets for content.

Facebook announced that it will no longer allow publishers and users in Australia to share or view news content.

The deal includes an ad revenue-sharing agreement and the development of a subscription platform.

Amazon quietly acquired Selz on Jan. 15, but it didn’t publicize the acquisition.

Australia’s Treasurer Josh Frydenberg says Google and Facebook are close to striking “significant commercial deals” to pay Australian media for news ahead of Australia creating world-first laws that would force the digital giants to finance journalism.

The Australian Open will be allowed to continue but without crowds after the Victoria state government imposed a five-day lockdown starting Saturday in response to a COVID-19 outbreak at a quarantine hotel

Google has launched its News Showcase product in the U.K., meaning the tech giant will now pay for news content in the country for the first time.

The so-called news media bargaining code would require digital platforms like Google, Facebook to pay local media outlets and publishers to link their content.

A koala has been rescued after causing a five-car pileup while trying to cross a six-lane freeway in southern Australia.