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World > Asia & Oceania
Facebook parent Meta to stop paying Australian news media
By Agence France-Presse
Mar 01, 2024 12:19 pm

SYDNEY, Australia: Facebook parent Meta announced Friday it would no longer pay Australian media companies for news, prompting a government warning that the firm was in 'dereliction' of past promises.

Extending a global retreat from news content, Meta said it would scrap the Facebook News tab in Australia and would not renew deals with news publishers worth hundreds of millions of dollars.

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