Australian Treasurer Josh Frydenberg has met with Facebook CEO Mark Zuckerberg to discuss an impending new law that will force the tech giants to pay local media for display their news content. The Facebook CEO, however, was unable to shift the Australian government’s position on introducing the News Media Bargaining Code. The treasurer revealed on ABC Insiders that last week Communications Minister Paul Fletcher and himself had a “very constructive discussion” with Zuckerberg about the Code and its “impact on Facebook.” When pressed on whether Zuckerberg was able to change his mind, Frydenberg responded, “Mark Zuckerberg didn’t convince me to back down, if that’s what you are asking.” The treasurer has stated repeatedly that the Media Code was being watched closely around the world. He revealed that rival tech giant Microsoft was watching the developments closely. “The Prime Minister has spoken to the CEO and president of Microsoft, as you …
‘Zuckerberg Didn’t Convince Me to Back Down’: Australian Treasurer
January 31, 2021
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