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home / articles / mark zuckerberg s meta warns it may block news conte mwn benzinga


META - Mark Zuckerberg's Meta Warns It May Block News Content In Australia If Asked To Pay Licensing Fees | Benzinga

Meta Platforms Inc. (NASDAQ:META) has issued a warning to the Australian government. The company is considering blocking news content from its platform in Australia if it is required to pay licensing fees.

What Happened: Meta’s regional policy director, Mia Garlick, made this statement during a parliamentary hearing on Friday, reported Reuters.

“There’s a large number of channels that people can get news content from,” Garlick told the inquiry.

The company is awaiting the Australian government’s decision on whether it will enforce a 2021 law that allows it to set the fees that U.S. tech giants must pay media outlets for sharing their links.

See Also: Bitdeer (NASDAQ:BTDR) Scores Bullish Rating From Top Wall Street Firm Cantor Fitzgerald

Garlick emphasized that Meta had taken a ...

Full story available on Benzinga.com

Stock Information

Company Name: Meta Platforms Inc
Stock Symbol: META
Market: NASDAQ
Website: facebook.com

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