Facebook Cuts Off News in Australia; Google to Pay News Corp.

The transcript discusses Facebook's decision to restrict news sharing in Australia following proposed legislation. Facebook argues that news content provides minimal economic gain and that their business model differs from Google's. Meanwhile, Google is negotiating deals with publishers to compensate them. The Australian government is in talks with Facebook to find a resolution, while Google has already made agreements with News Corp and other publishers.

What action did Facebook take in response to the proposed Australian legislation?

• They partnered with Australian publishers.

• They restricted sharing news content in Australia.

• They increased advertising rates.

• They started charging for news content.

How did Google's approach to the Australian legislation differ from Facebook's?

• Google ignored the legislation.

• Google restricted news sharing globally.

• Google removed Australian content.

• Google negotiated deals with publishers.

What percentage of content in Facebook's news feeds is news, according to Facebook?

• 50%

• 4%

• 25%

• 10%

What is a key difference between Facebook's and Google's business models as mentioned in the transcript?

• Google relies on user-generated content.

• Google does not allow news content.

• Facebook claims publishers willingly post content.

• Facebook charges for all content.

What was the outcome of Google's negotiations with News Corp?

• A complete withdrawal from the Australian market.

• An increase in advertising rates.

• A global agreement including Australian publications.

• A temporary suspension of news sharing.