For the complete information kindly visit given link:

https://timesofindia.indiatimes.com/business/international-business/australia-to-make-facebook-google-pay-for-news-in-world-first/articleshow/77277636.cms#:~:text=Australia%20will%20become%20the%20first,year%2C%20Treasurer%20Josh%20Frydenberg%20said. ">
For the complete information kindly visit given link:

https://timesofindia.indiatimes.com/business/international-business/australia-to-make-facebook-google-pay-for-news-in-world-first/articleshow/77277636.cms#:~:text=Australia%20will%20become%20the%20first,year%2C%20Treasurer%20Josh%20Frydenberg%20said. ">

Which of the following countries is the first in the world which plans to require Facebook and Google to pay for news content provided by media companies?

Current Affairs Quiz August 2020 . 2 years ago

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Who: Australia
What: to make Facebook, Google pay for news in world first
When: published on 31st July 2020

Facebook and Google will be forced to pay Australian media sites to feature their news or face fines totalling hundreds of millions of dollars, under new laws set to come into force this year.

Australia has unveiled its plan to introduce a new royalty-style system, requiring the two tech giants to share the revenue they generate from advertising alongside news content.

Treasurer Josh Frydenberg said it was "about a fair go for Australian news media businesses".

For the complete information kindly visit given link:

https://timesofindia.indiatimes.com/business/international-business/australia-to-make-facebook-google-pay-for-news-in-world-first/articleshow/77277636.cms#:~:text=Australia%20will%20become%20the%20first,year%2C%20Treasurer%20Josh%20Frydenberg%20said.

Posted on 03 Jul 2022, this text provides information on Current Affairs Quiz related to August 2020. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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