Tech

Will Google and Facebook pay smaller news publishers?

Published

3 years ago

November 22, 2021

ticker NEWS

Australian mining billionaire Andrew Forrest, will help 18 small news publishers to negotiate with Google and Facebook.

The philanthropist will help the organisations to secure licensing deals for the supply of news content.

Forrest’s Minderoo Foundation will submit an application with the country’s competition regulator, which allows the publishers to bargain without breaching competition laws.

Forrest is Australia’s richest man and the largest shareholder of iron ore miner, Fortescue Metals Group.

Facebook and Google have been required to negotiate with Australian outlets for content that drives traffic and advertising to their websites.

If they don’t, the government may take over the negotiation.

Both companies have since struck licensing deals with most of Australia’s main media companies.

News

Apple’s iPhone 16 event puts AI back into the spotlight

Published

1 day ago

September 10, 2024

ticker NEWS

Apple has unveiled its long-awaited artificial intelligence-boosted iPhone 16 and promised improvements in its Siri personal assistant.

Apple CEO Tim Cook emphasised the company’s commitment to innovation, aiming to redefine the future of consumer technology with seamless AI integration. #featured #trending #hotshots #hot shots

Leaders

Elon Musk is projected to become the world’s first trillionaire

Published

2 days ago

September 9, 2024

ticker NEWS

Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

Leaders

Brazil bans X in a sign of politics and tech colliding

Published

1 week ago

September 2, 2024

ticker NEWS

Brazil top court justices to vote on a total ban of Elon Musk’s X social media platform in the region.

X was taken down in Brazil, one of its largest markets, following a decision by Justice Alexandre de Moraes, who has been locked in a months-long feud with Elon Musk. #featured #trending