Facebook will be loser if it bans news: Sims

Original article by Max Mason
The Australian Financial Review – Page: 17 & 22 : 18-Sep-20

Facebook and Google would be forced to pay for news content that is posted on their platforms under the mandatory code of conduct proposed by the Australian Competition & Consumer Commission. Facebook has threatened to ban all news on its platform in response to the code, but ACCC chairman Rod Sims contends that such action could weaken the social media company. Sims has also rejected claims made in public campaigns by Facebook and Google that the proposed code will give news publishers access to their algorithms.

CORPORATES
FACEBOOK AUSTRALIA PTY LTD, GOOGLE AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

PM tells Google and Facebook: You’re bluffing

Original article by Andrew Tillett
The Australian Financial Review – Page: 11 : 8-Sep-20

Prime Minister Scott Morrison has told Facebook and Google that he does not give into coercion. The two technology companies are unhappy about federal government plans to make them pay news publishers for their content; Facebook has threatened to pull Australian and international content from its Facebook and Instagram platforms in response to the code, while Google has stated it will have to cull news content from search results. Morrison said he is happy to call their bluff on the issue.

CORPORATES
GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIA. DEPT OF THE PRIME MINISTER AND CABINET

Google may walk over media code

Original article by John Durie
The Australian – Page: 15 & 24 : 20-Aug-20

Google’s revenue in Australia totalled $4.3bn in 2020, while its net profit fell from $129.5m to just $33.9m. Although the digital giant has not publicly threatened to withdraw its search engine from the Australian market in response to the mandatory code of conduct, such a move is clearly being contemplated. Any move by Google to pull out of the local market could test the resolve of other nations to crack down on digital companies. It would also be very risky from a commercial point of view, as it would give Google’s search engine rivals a big boost in a market which it dominates.

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GOOGLE INCORPORATED

Media regulator sets goals for fake news code

Original article by Max Mason
The Australian Financial Review – Page: Online : 26-Jun-20

The Australian Communications & Media Authority will work with digital platforms to establish a voluntary code of practice on misinformation and news quality. Such a code was a recommendation of the Australian Competition & Consumer Commission. ACMA chair Nerida O’Loughlin says false or misleading news and information on the internet has the potential to cause great harm, while she says the code will need to strike a balance between the right to freedom of speech and the need to curb the spread and impact of damaging information online.

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AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION

Coalition wary of content tax on tech giants

Original article by Leo Shanahan, David Swan
The Australian – Page: 5 : 4-Dec-19

Facebook says it supports 15 of the 29 recommendations in the final report of the Australian Competition & Consumer Commission’s digital platforms inquiry. Facebook also rejects suggestions that it has hired lobbyists to influence the federal government’s response to the report, and states that the ACCC’s proposed code of conduct would "unfairly shield" media companies. Meanwhile, the government is said to be concerned that requiring digital players to pay media companies for the use of their content could be perceived as a new tax, which could in turn prompt digital companies to relocate offshore.

CORPORATES
FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, AUSTRALIA. DEPT OF COMMUNICATIONS AND THE ARTS, AUSTRALIA. DEPT OF THE TREASURY, AUSTRALIA. ATTORNEY-GENERAL’S DEPT

Facebook defends itself against Twiggy Forrest attack

Original article by Patrick Durkin
The Australian Financial Review – Page: 3 : 29-Nov-19

Facebook has responded to claims that it is not doing enough to address the issue of fraudulent advertisements on its platforms. Carolyn Everson, Facebook’s global head of marketing, says it has launched a "massive crackdown" on scam ads and may take legal action against those responsible for them. Mining magnate Andrew Forrest has called for digital platforms to be treated in the same way as traditional media companies. He is among the high-profile Australians whose photos have been used in scam ads published on digital platforms such as Facebook and Google.

CORPORATES
FACEBOOK INCORPORATED, GOOGLE INCORPORATED, TWITTER INCORPORATED, SEVEN WEST MEDIA LIMITED – ASX SWM

Forrest wants tech giants to be accountable for ads

Original article by Max Mason
The Australian Financial Review – Page: 7 : 28-Nov-19

Fortescue Metals Group founder Andrew Forrest argues that technology companies such as Facebook should be treated in the same way as traditional media companies with regard to advertising content that appears on their platforms. He contends that digital companies are not doing enough to address the issue of fraudulent ads, and they must be accountable for the ads that are published on their platforms. Forrest is among a number of high-profile Australians whose images have been used to promote scams on social media platforms.

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Regulate digital platforms: Seven

Original article by Zoe Samios
The Australian – Page: 19 : 14-Nov-19

Seven West Media expects the metropolitan TV market to record single-digit growth in advertising revenue in 2019-20. CEO James Warburton has told the group’s annual meeting that the advertising market is likely to remain weak during the December quarter, noting that Seven’s revenue share was 39 per cent in the first quarter. Meanwhile, chairman Kerry Stokes has called for greater regulation of digital giants such as Google and Facebook, including the implementation of all recommendations arising from the Australian Competition & Consumer Commission’s inquiry into digital platforms.

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SEVEN WEST MEDIA LIMITED – ASX SWM, GOOGLE INCORPORATED, FACEBOOK INCORPORATED, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, NINE ENTERTAINMENT COMPANY HOLDINGS LIMITED – ASX NEC, PRIME MEDIA GROUP LIMITED – ASX PRT, PACIFIC MAGAZINES PTY LTD, REDWAVE MEDIA LIMITED

Google backs industry code, not a revenue-sharing model

Original article by Max Mason
The Australian Financial Review – Page: 2 : 29-Oct-19

The Australian Competition & Consumer Commission has called for a code of conduct to govern business relationships between media companies and digital platforms. With both Google and Facebook having come under global scrutiny over their impact on journalism and its underlying business models, Google’s vice-president of news Richard Gingras says he believes the code is a "sensible" idea. However, he does not believe it should include revenue sharing.

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AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, GOOGLE INCORPORATED, FACEBOOK INCORPORATED

Broadcasters, big tech at odds on revenue sharing

Original article by Max Mason
The Australian Financial Review – Page: 29 : 23-Sep-19

Free TV Australia states that a code of conduct is needed to govern commercial relationships between free-to-air broadcasters and digital platforms such as Google and Facebook. Free TV notes that when a free-to-air broadcasters’ content is uploaded to a platform, it is the owner of the digital platform that sets the terms of how that content is monetised. The Australian Competition & Consumer Commission has recommended a code of conduct be set up that would require digital platforms to negotiate arrangements with media companies regarding data sharing and revenue, and that the Australian Communications and Media Authority oversee the code. However, Free TV would prefer the ACCC to monitor it.

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FREE TV AUSTRALIA LIMITED, GOOGLE AUSTRALIA PTY LTD, FACEBOOK AUSTRALIA PTY LTD, AUSTRALIAN COMPETITION AND CONSUMER COMMISSION, AUSTRALIAN COMMUNICATIONS AND MEDIA AUTHORITY