Facebook Restores News Links in Australia After Getting Some Concessions

Facebook has relented, somewhat, in Australia. The social media company has worked out deals with three publishers in exchange for lifting a policy banning Australian Facebook users from linking to news stories from Australia-based outlets.

It's the latest salvo in a war over the financial disaster facing the press due to a loss of advertising revenue. The internet has overtaken traditional print outlets as the primary venue for classified advertising. Newspapers have struggled to fill this void. Many have failed.