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Facebook Planning to Curb News Sharing on its Platforms in Australia

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Facebook is planning to stop the sharing of local and international news stories on its platforms if legislation needing tech platforms to pay publishers for the used content becomes law, the company expressed in a blog post on Monday.“Australia is drafting a new regulation that misunderstands the dynamics of the internet and will do damage to the very news organizations the government is trying to protect,” Will Easton, managing director of Facebook Australia and New Zealand stated in the blog post, urging that the commission governing the process “ignored important facts,” consisting of the relationship between social media and news media.“Assuming this draft code becomes law, we will reluctantly stop allowing publishers and people in.

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