Facebook Re-Friends Australia As Government Amends News-Revenue-Sharing Bill

By Shivdeep Dhaliwal10 days ago

Facebook Inc (NASDAQ: FB) will restore news pages it suspended in Australia in the coming days after it reached a deal with the country’s government.

What Happened: The Mark Zuckerberg-led company said in a statement Monday that it was able to reach an agreement with Australia’s government and appreciated the constructive talks it held with Treasurer Joshua Frydenberg and Minister Paul Fletcher over the past week.

“After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees that ...

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