Meta said it would “deprecate" the dedicated news tab, called Facebook News, in the U.S. and Australia in early April. The announcement rekindled a debate in Australia over whether social-media companies like Meta should pay news publishers for content. In 2021, Australia enacted a so-called news media bargaining code that officials say put pressure on Meta and rival Google to enter into commercial deals with publishers. Meta’s commercial deals with publishers include News Corp, publisher of The Wall Street Journal and Dow Jones Newswires. In its blog post, Meta said deals in the U.S. and the U.K. have already expired.

Source: Wall Street Journal March 01, 2024 08:11 UTC