The contentious “world-first” media payment law that spurred Facebook to censor news content in Australia will soon be in force after the Australian federal Parliament ratified it on Thursday. The media payment law locks Google and Facebook into a framework where eligible news outlets in Australia, with a minimum revenue of $150,000, can enter negotiations…
Australian Parliament Passes Contentious ‘World First’ Media Payment Law
February 24, 2021
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Australia Passes ‘World First’ Google, Facebook Media Payment Law
February 24, 2021
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ACCCAustraliaBusinessCensorship & SocialismCompaniesFacebookGoogleMark ZuckerbergNews Media Bargaining CodeSocial MediaTechWorld
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The contentious “world-first” media payment law that spurred Facebook to censor news content in Australia will soon be in force after the Australian federal Parliament ratified it on Thursday. The media payment law locks Google and Facebook into a framework where eligible news outlets in Australia, with a minimum revenue of $150,000, can enter negotiations…
Facebook to Invest $1 Billion in News Industry After Australia Row
Facebook on Wednesday pledged to invest at least $1 billion in the news industry over the next three years, days after a high-profile stand-off with the Australian government over paying news outlets for content. The social network’s commitment to the news industry follows Google’s $1 billion investment last year, as technology giants come under scrutiny…
China’s Weaponizing of Rare-Earth Exports a Menace for Canada
News Analysis What emerged as a potential weapon the Chinese regime could employ during the heights of the trade tensions with the Trump administration appears to have more teeth now as reports of looking into restricting exports of rare-earth elements and their refining technology have surfaced. China accounts for over 60 percent of global production…
Biden’s Corporate Tax Hike Would Cut Jobs, Reduce Wages, Depress Growth: Think Tank
President Joe Biden’s plans to raise the corporate tax rate would have a chilling effect on economic growth, depress wages, and lead to job losses, according to the Tax Foundation, a tax policy nonprofit. Biden and congressional lawmakers have proposed several changes to the tax code, including raising the corporate tax rate to 28 percent…
US Home Prices Rise 10.1 Percent in December, Fastest Since 2014
WASHINGTON—U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving from crowded urban areas to houses in the suburbs. The S&P CoreLogic Case-Shiller 20-city home price index, released Tuesday, climbed 10.1 percent in December from a year earlier. The year-end jump was the…
US Home Prices Rose 10.1 Percent in December, Fastest Since 2014
WASHINGTON—U.S. home prices surged at the fastest pace in nearly seven years in December, fueled by low mortgage rates and Americans moving to houses in the suburbs from crowded urban areas. The S&P CoreLogic Case-Shiller 20-city home price index, released on Feb. 23, climbed 10.1 percent in December from a year earlier. The year-end jump…
Mitt Romney and Tom Cotton Propose $10 Minimum Wage In Counter to Democrat Push for $15 an Hour
In a counterpoint to the Democrat push for an hourly minimum wage hike to $15, Sens. Mitt Romney (R-Utah) and Tom Cotton (R-Ark.) on Tuesday announced their own bill that would raise the minimum wage to $10 an hour by 2025. Called the Higher Wages for American Workers Act (pdf), Cotton and Romney’s bill would…
Romney, Cotton Propose $10 Minimum Wage in Counter to Democrat Push for $15 an Hour
In a counterpoint to the Democrat push for an hourly minimum wage hike to $15, Sens. Mitt Romney (R-Utah) and Tom Cotton (R-Ark.) on Tuesday announced their own bill that would raise the minimum wage to $10 an hour by 2025. Called the Higher Wages for American Workers Act (pdf), Cotton and Romney’s bill would…
60 Years After Eisenhower’s Warning, Distinct Signs of a ‘Digital-Intelligence Complex’
In June 2019, Susan Gordon stood on a stage at the Washington Convention Center. Behind her loomed three giant letters, “AWS,” the abbreviation for Amazon Web Services, the cloud computing division of the giant Internet retailer. After three decades at the Central Intelligence Agency, Gordon had risen to one of the top jobs in the…
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