• Home
  • Forums
  • News
  • Calendar
  • Market
  • Login
  • Join
  • User/Email: Password:
  • 11:28am
Menu
  • Forums
  • News
  • Calendar
  • Market
  • Login
  • Join
  • 11:28am
Sister Sites
  • Metals Mine
  • Crypto Craft
  • Forex Factory
  • Story Log
User Time Action Performed
  • Facebook to restore news pages for Australian users in coming days

    From cnbc.com

    Facebook has reached an agreement with the Australian government and will restore news pages in the country days after restricting them. The decision follows negotiations between the tech giant and the Australian government, which is set to pass a new media law that will require digital platforms to pay for news. “After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns about allowing commercial deals that recognize the value our platform provides to publishers relative to the value we receive from them,” Facebook ... (full story)

  • Comments
  • Comment
  • Subscribe
  • Post #1
  • Quote
  • Feb 23, 2021 1:09am Feb 23, 2021 1:09am
  •  NotBoris
  • | Joined Jul 2019 | Status: Member | 827 Comments
Whats wrong with Australia, do they only have facebook limitations as newspaper? Have their internet been hijacked and only shows facebook news, of which without facebook news - its dooms day??? Has Australia descended to an autocratic rule by scott morrison - he lets you see what he wants you to see????

Remind me of a cyclone natural disaster in usa few years back, where power and phone lines were all cut during the storm and some local dim wits trying to go internet/online (???) to search what cyclone was.......duh where is the internet.......
1
  • Post #2
  • Quote
  • Feb 23, 2021 1:29am Feb 23, 2021 1:29am
  •  aquavox
  • Joined Nov 2012 | Status: Member | 354 Comments
Quoting NotBoris
Disliked
Whats wrong with Australia, do they only have facebook limitations as newspaper? ........Has Australia descended to an autocratic rule by scott morrison - he lets you see what he wants you to see................
Ignored
all governments, news agencies , social media agencies only show you "what they want you to see " according to their chosen idealogies they are funded to promote, or subvert.
on the nail NotBoris!
All that FB have realized by back tracking their autocracy is that ...hmmm ? lets retain our influence over the subcontinent of Australia
4
  • Post #3
  • Quote
  • Edited at 3:10am Feb 23, 2021 2:50am | Edited at 3:10am
  •  LloydOz
  • Joined Oct 2019 | Status: Member | 173 Comments | Online Now
Quoting NotBoris
Disliked
Whats wrong with Australia, do they only have facebook limitations as newspaper? Have their internet been hijacked and only shows facebook news, of which without facebook news - its dooms day??? Has Australia descended to an autocratic rule by scott morrison - he lets you see what he wants you to see???? Remind me of a cyclone natural disaster in usa few years back, where power and phone lines were all cut during the storm and some local dim wits trying to go internet/online (???) to search what cyclone was.......duh where is the internet.......
Ignored
Sort of. As an Aussie I was a bit bewildered at what all the fuss was about when FB pulled the plug. We do indeed have all the internet resources that everyone else does in free countries. And our newsagents have abundant hardcopy newspapers, magazines etc both locally and from around the world (depending on the newsagent).

For Australia to be so apparently reliant (its not) for news content on a giant foreign company headed up by a child multi billionaire narcissist is just so slightly insane. For want of a stronger superlative.

The people in our national government are weak and simple minded. They do what they are told by their bureaucrats.

FB had been shamelessly breaking the law for years (by lifting content from Aussie publishers without paying them) until these measures were introduced. When they left we ought to have said goodbye, good riddance, don't ever even think about returning except as a place to post cat videos.
7
  • Post #4
  • Quote
  • Feb 23, 2021 5:34am Feb 23, 2021 5:34am
  •  RossEdwards
  • Joined Jun 2019 | Status: Member | 2,225 Comments
Quoting LloydOz
Disliked
{quote} Sort of. As an Aussie I was a bit bewildered at what all the fuss was about when FB pulled the plug. We do indeed have all the internet resources that everyone else does in free countries. And our newsagents have abundant hardcopy newspapers, magazines etc both locally and from around the world (depending on the newsagent). For Australia to be so apparently reliant (its not) for news content on a giant foreign company headed up by a child multi billionaire narcissist is just so slightly insane. For want of a stronger superlative. The people...
Ignored
Quote" For Australia to be so apparently reliant.... for news content on a giant foreign company headed up by a child multi billionaire narcissist is just so slightly insane."


  • Post #5
  • Quote
  • Edited at 6:16am Feb 23, 2021 6:02am | Edited at 6:16am
  •  UKBanter
  • Joined Mar 2017 | Status: Member | 679 Comments
Yep never bought into the BOOK. Can't even say I had a profile then deleted it. (do they actually delete? I doubt it). I feel there will be a correlation of a certain level of IQ and how much that individual gives a toss whether Facebook operates in their country.
My washing machine broke down the other day should I report it on facebook or do you not give a sh.....?
EDIT:
You AUssies were LESS bothered about the China Trade threats!
https://theconversation.com/theres-n...threats-149828
2
  • Post #6
  • Quote
  • Feb 23, 2021 6:36am Feb 23, 2021 6:36am
  •  RossEdwards
  • Joined Jun 2019 | Status: Member | 2,225 Comments
Funny.. While we quibble about this FB/Aus Gov spat..
We ignore the real issues and the elephants in the room. Among these.. and underlying the discomfort of National Governments and thinking society, with the big 5 US Tech MNs.. - 1.Abuse Monopoly Power -2.Taxation avoidance - 3.Privacy and Data leakage and security. Data collection is the heart of their business models and BD is both the currency and most valuable asset of the 21 century, about to be become more so with development of AI and super computing.
6
  • Post #7
  • Quote
  • Feb 23, 2021 6:59am Feb 23, 2021 6:59am
  •  UKBanter
  • Joined Mar 2017 | Status: Member | 679 Comments
Agree Ross
These large tech giants sprung up in next to no time and the ever exapnding and unprepared governance (in pretty much all parts of the world) have been knocked off their feet and are still staggering to get upright. (ok maybe not China)
Here in the UK i see weak quick fix short termism.
I have a vote ready for anyone who dares to look further than four years. (This view also mustn't involve killing fellow peasants from another country).
In the short term I have a vote for someone who can balance the books.
  • Post #8
  • Quote
  • Feb 23, 2021 7:41am Feb 23, 2021 7:41am
  •  gat
  • | Joined Dec 2009 | Status: Member | 820 Comments
Australia is simply not big enough to take on FB. Perhaps if the EU did this they could force serious payment results. Not that Australia or others could then force similar agreements. Overall the answer is competing platforms that are either true platforms, or publishers with the FB format that pay per click. The rate ought to be miniscule since each click can also be called an advertisement. Besides that any publication that does not want "free" shares can put up a pay wall like the NY Times.
1
  • Post #9
  • Quote
  • Feb 23, 2021 10:13am Feb 23, 2021 10:13am
  •  LloydOz
  • Joined Oct 2019 | Status: Member | 173 Comments | Online Now
Quoting gat
Disliked
Australia is simply not big enough to take on FB. .
Ignored
There is the Rupert Murdoch factor which poor baby Zuckerberg didn't count on with Australia. Did you?
  • Post #10
  • Quote
  • Feb 23, 2021 2:28pm Feb 23, 2021 2:28pm
  •  RossEdwards
  • Joined Jun 2019 | Status: Member | 2,225 Comments
Quoting gat
Disliked
Australia is simply not big enough to take on FB. Perhaps if the EU did this they could force serious payment results. Not that Australia or others could then force similar agreements. Overall the answer is competing platforms that are either true platforms, or publishers with the FB format that pay per click. The rate ought to be miniscule since each click can also be called an advertisement. Besides that any publication that does not want "free" shares can put up a pay wall like the NY Times.
Ignored
Youve got it. There are only 3 economic powers large enough to curb the march of the big Tech MNs.
The US.. who are compromised , China.. who has already cut them off for its own reasons, and EU, which has already taken steps on privacy and will shortly go a deal further.
  • Post #11
  • Quote
  • Feb 24, 2021 1:59am Feb 24, 2021 1:59am
  •  aquavox
  • Joined Nov 2012 | Status: Member | 354 Comments
Those little clicks result in billion$ of revenue, don;t under-estimate them.
and actually Australia has proved it is "big" enough to take on FB. they deserve respect, for having cohones to do that~!
Perhaps then publicly share the fronted head line , and then pay for the deeper drill down ,
and btw i am not to enamoured with the veracity of NY times new$ drill downs. i have regularly critiqued their fake financial news posts, and of course they would never respond.

the trouble is, during the times of Fake New$ now, new$ needs to be networked checked for veracity and be scrubbed of any idealogical slant or bias.
please don't pay to have your mind hijacked ,
and on that subject start trolling .....
many places to start e.g.
Inserted Video
  • Post #12
  • Quote
  • Feb 24, 2021 2:56am Feb 24, 2021 2:56am
  •  LloydOz
  • Joined Oct 2019 | Status: Member | 173 Comments | Online Now
Quoting aquavox
Disliked
and actually Australia has proved it is "big" enough to take on FB..
Ignored
That kinda goes without saying. What's "big"?

Anyone who says otherwise is displaying their utter ignorance and small minds about Australia's quite comprehensive anti-competitive laws (änti-trust" laws) and Corporations laws to protect exactly what happens within our sovereign territory.

FB ran away, poor babies. Google knelt, and sort of complied under duress.

On this particular issue, what other country has dared to even come close? They like to watch.
  • Post #13
  • Quote
  • Feb 24, 2021 3:02am Feb 24, 2021 3:02am
  •  LloydOz
  • Joined Oct 2019 | Status: Member | 173 Comments | Online Now
Quoting RossEdwards
Disliked
{quote} Youve got it. There are only 3 economic powers large enough to curb the march of the big Tech MNs..
Ignored
You don't say what this "march" is. You mention monopoly, which is wrong.

I did notice that you surreptitiously deleted two key word from a quote of mine you displayed. ""ÏTS NOT". That changed everything, and you know it.
  • Post #14
  • Quote
  • Edited at 6:32am Feb 24, 2021 6:15am | Edited at 6:32am
  •  RossEdwards
  • Joined Jun 2019 | Status: Member | 2,225 Comments
Quoting LloydOz
Disliked
{quote} You don't say what this "march" is. You mention monopoly, which is wrong. I did notice that you surreptitiously deleted two key word from a quote of mine you displayed. ""ÏTS NOT". That changed everything, and you know it.
Ignored

WTF??? Your post was quoted in full in my post.. In an extract from that full quotation.. I redacted a comment which appeared in brackets and which clearly represented your Personal Judgement which I felt irrelevant to the point I was making. The redacted words werent "surreptitious deleted"..they were clearly signaled by insertion
of " ...... " in that extract.
  •  Guest
  • | IP X.XXX.11.178
Join EE
    • Older Stories  
    Nuclear, pumped storage, and coal power plants are more likely to have multiple owners

    From eia.gov|Feb 22, 2021

    The U.S. Energy Information Administration (EIA) collects data on whether an electric generator is owned by one company or jointly owned by several companies, and for those ...

    Canada's parliament declares China's treatment of Uighurs 'genocide'

    From bbc.com|Feb 22, 2021

    Canada's House of Commons has voted overwhelmingly to declare China's treatment of its Uighur minority population a genocide. The motion - which passed 266 to 0 - was supported by ...

    Natural Gas Prices Slide on Warmer Weather Forecast

    From fxempire.com|Feb 22, 2021

    Natural gas futures prices moved lower on Monday as the national weather points to warmer than normal temperatures in most of the east coast and cooler than normal on the west ...

    •   Newer Stories
    Seven big questions facing the Asia Pacific power market in 2021

    From ihsmarkit.com|Feb 22, 2021

    Entering 2021, the Asia Pacific (APAC) Power and Renewables research team looked across the regional markets and summarized the key questions and potential signposts. These seven ...

    In Reversal, US Oil Props Up Brent

    From energyintel.com|Feb 23, 2021

    Exports of US crude oil will help determine the price of global benchmark Brent in Europe from July 2022, a reversal of flows that for years saw Brent support US benchmark West ...

    Shell’s plan for net-zero transition keeps focus on fuel

    From ihsmarkit.com|Feb 23, 2021

    Shell, as one of the largest integrated oil and natural gas companies, published its net-zero plan on 11 February, under which it promised to pursue biofuel, hydrogen, and carbon ...

  • More
  • Story Stats
  • Posted: Feb 22, 2021 11:46pm
  • Submitted by:
     Newsstand
    Category: Low Impact Breaking News
    Comments: 14  /  Views: 785
  • Related Stories
    Texas Blackout Boosts Australian Bank by Up to $215 Million
    From morningstar.com|Feb 23, 2021|2 comments
    Australian dollar climbs to three-year high, with ASX flat as Nasdaq sinks on tech sell-off
    From abc.net.au|Feb 22, 2021
    Fed's Powell: still a long way to go to full recovery
    From @FirstSquawk|Feb 23, 2021|20 comments
  • More
Top of Page Default Page
  • Facebook
  • Twitter
About EE
  • Mission
  • Products
  • User Guide
  • Blog
  • Contact
EE Products
  • Forums
  • Calendar
  • News
  • Market
EE Website
  • Homepage
  • Search
  • Members
  • Report a Bug
Follow EE
  • Facebook
  • Twitter

EE Sister Sites:

  • Metals Mine
  • Crypto Craft
  • Forex Factory

Energy EXCH™ is a brand of Fair Economy, Inc.

Terms of Service / ©2021