Meta, the parent company of Facebook, is facing potential fines of up to $1.5bn for allegedly breaching the news media bargaining code. The issue arose after Meta decided to walk away from a payment-for-content deal last Friday. This move has drawn criticism from various quarters, including Assistant Trade and Manufacturing Minister Tim Ayres, who accused Meta of attempting to 'bludge off' the Australian media landscape. Additionally, the Prime Minister and Treasurer have been criticized for not publicly addressing Meta's decision to terminate Australian media deals. Meanwhile, there's a possibility that Australian news media could seek payment from Meta for the use of their content to train artificial intelligence.
Australian news media could seek payment from Meta for content used to train AI https://t.co/DL4Gvz1TxY
The Prime Minister and Treasurer have come under fire over their failure to publicly call out Meta over its axing of Australian media deals. https://t.co/0ioz2rFb7p
Assistant Trade and Manufacturing Minister Tim Ayres says Meta “can’t bludge off” the Australian media landscape. https://t.co/T2OqZZcgbt
Meta, the parent company of Facebook, could potentially face fines of up to $1.5bn if it is found to have breached the news media bargaining code. Last Friday, Meta announced it was walking away from the payment-for-content deal. Read on: https://t.co/SECuBfET6R https://t.co/iD8V5UGIla
Facebook’s parent company Meta could soon face major fines for breaching the news media bargaining code. https://t.co/rRM0pQ2qfe
Meta facing $1.5bn in fines over media code, @australian https://t.co/wxajIVwCBO