Exclusive: New Apple Mixed-Reality Headset Details: Swappable Headbands, Eye-Tracking Read Now
Feb. 17, 2021 5:32 PM PST
Photo: Facebook CEO Mark Zuckerberg. Photo by Bloomberg
We’re about to find out just how important news is to Facebook’s audience and, by extension, to the social network itself. Facebook is restricting the posting or sharing of news content in Australia in response to the Australian government’s proposed news media code governing how internet companies pay for news content. At the heart of the battle is the critical business issue of internet companies’ ability to control content costs.
Facebook claims news accounts for less than 4% of the content people see in their News Feed. And it claims publishers get more out of articles being shared on Facebook than Facebook does. If that’s the case, it’s understandable that Facebook is opposing a law that would give an independent arbitrator the ability to decide financial terms if an agreement can’t otherwise be reached.
Read this article for free
Continue with Apple
StockX Revenue Hits $400 Million in Turf Battle With Goat
By Malique Morris and Cory Weinberg · Feb. 18, 2021 6:02 AM PST
Most people who buy from e-commerce site StockX purchase the type of items it has become known for: trendy pre-owned sneakers and other streetwear. But in a twist, the new Sony PlayStation and Xbox consoles were its highest-grossing products last year as shoppers dove in, willing to pay a premium for the scarce devices. StockX’s expansion into electronics helped power the resale…
Cable Mogul Launches Second SPAC
By Jessica Toonkel · Feb. 18, 2021
Biggest Tech Funding Rounds in 2020 Were Mostly in China
By Juro Osawa · Feb. 18, 2021
Apple Looking to Assemble iPads in India
By Wayne Ma · Feb. 18, 2021