Facebook in Australia

“The Australian parliament on Thursday passed a new law designed to force Alphabet Inc’s Google and Facebook Inc to pay media companies for content used on their platforms… The legislation was watered down, however, at the last minute after a standoff between the government and Facebook culminated in the social media company blocking all news for Australian users [for 5 days].” (Reuters)

“Facebook took particular issue with a baseball-style arbitration clause in Australia's new media code, which would see a government-appointed panel set the payout rate if the parties can't...