Facebook followed Google in agreeing to negotiate paid arrangements with Australian media, leading the government to water down the arbitration requirements.
The US-based company says it has restricted news content from being read and shared in its news feed, drawing a line in the sand against a proposed Australian law that would require it and Google to pay the country's news publishers for journalism.
The decision comes as the tech giants fend off calls around the world for greater regulation, and a day after Google and Facebook took a battering for alleged abuse of market power from US lawmakers in a congressional hearing.
Is this just another doomed attempt to cover up the flaws of Facebook’s algorithms?
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