ALL RIGHTS RESERVED.Australia Unveils Law Forcing Tech Giants To Pay For News Calidus Resources has taken multiple steps towards gold production at its flagship Warrawoona project in WA’s East Pilbara region with environmental approvals clearing the way for early construction items to be built at the planned $116 million development. "Under the code, drawn up by the Australian anti-trust watchdog ACCC, tech companies will be required to negotiate with news firms "in good faith" over payments for use of their content.If agreement cannot be reached within three months, the issue will go to binding arbitration to determine the amount of payments.The code also imposes a range of obligations on the digital platforms including providing advance notice of algorithm changes affecting news ranking and transparency over advertising run against news content.Violations of the code will draw penalties of up to Aus$10 million (US$7 million) per breach or 10 percent of the company's local turnover, which the ACCC has estimated at some US$4 billion annually.Neither Google nor Facebook responded to requests for comment on Friday's announcement.But both rejected earlier drafts of the proposal for mandatory payments to news publishers, though they have said they would take part in a collaborative code of content to mediate complaints from the news industry.Both companies say advertising revenue linked to news content is a small fraction of their overall revenue. "Dad ummed and aahed about it... Dad's like, 'I'm not going to be hypocritical' - he's got tattoos," she added.Mr Victory told the Australian newspaper outside court: "She was 16, she got a tattoo and her mother doesn't want her to have a tattoo. Australia unveiled a draft law Friday to force Google and Facebook to pay news media for their content in a "world-leading" initiative sure to prompt a confrontation with the digital giants. Lost Sailors Saved by Writing SOS on Beach. Facebook and Google have strongly opposed any move forcing them to share advertising revenueAustralia unveiled a draft law Friday to force Google and Facebook to pay news media for their content in a "world-leading" initiative sure to prompt a confrontation with the digital giants.Treasurer Josh Frydenberg announced the "mandatory code of conduct" to govern relations between the struggling news industry and the tech firms after 18 months of negotiations failed to bring the two sides together.In addition to payment for content, the code covers issues like access to user data, transparency of algorithms and ranking of content in the platforms' news feeds and search results. The Latest in News from The West Australian. Bradley Victory, 45, denied actual … Calidus to kick off early works at Warrawoona gold project. "Nothing less than the future of the Australian media landscape is at stake with these changes," he said at a news conference.Frydenberg said legislation implementing the code would be introduced into parliament in the coming weeks and include "substantial penalties" that could cost the tech companies hundreds of millions of dollars.While the code could eventually apply to any digital platform using Australian news content, Frydenberg said it would initially focus on Facebook and Google, two of the world's richest and most powerful companies.Australia's initiative has been closely watched around the globe as news media worldwide have suffered in an increasingly digital economy where advertising revenue is overwhelmingly captured by Facebook, Google and other big tech firms.The news industry crisis has been exacerbated by the economic collapse caused by the coronavirus pandemic, with dozens of Australian newspapers closed and hundreds of journalists sacked in recent months.Facebook and Google have strongly opposed any move forcing them to share advertising revenue, hinting they could simply boycott Australian media if mandatory payments are imposed.But Frydenberg warned that the code would prohibit any "discrimination" against Australian media by the tech companies. We want it to be in accordance with our law. Breaking local and world news from sport and business to lifestyle and current affairs. The West Australian is a leading news source in Perth and WA. The long-time pals, from the US state Wisconsin, were sealing a pact that if one of them won the lottery they would split the winnings equal ways. The latest travel news and traveller stories. ""We want Google and Facebook to continue to provide these services to the Australian community which are so much loved and used by Australians. Casey Victory has turned 17 since having the tattoo done. NFK Editors - August 7, 2020. ABC journalists Virginia Trioli and Michael Rowland declare #JeSuisAndrewProbyn after the Australian newspaper’s story about the ABC’s political editor.
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