Australian Parliament approves news media bargaining code
The code provides digital platforms and media outlets a framework for negotiations and an arbitration process to resolve…
Social Media
Facebook to restore news content in Australia after reaching compromise
24 Feb 21Social media platform claims that the Australian government agreed to make various changes to the proposed media law
Facebook blames Australia’s proposed media law for new content ban
19 Feb 21The company said that the proposed law has misunderstood the relationship between its platform and publishers
Facebook hit by new class action in UK over data breach allegations
10 Feb 21Journalist Peter Jukes is leading the class action, which is backed by law firm Hausfeld and funded by…
Match Group to buy Korean social media firm Hyperconnect for $1.7bn
10 Feb 21The online dating company will look to deploy Hyperconnect's technologies across its existing portfolio
Social media network Reddit raises $250m in Series E round
09 Feb 21Reddit takes its valuation to $6bn after 15 years of operations
Twitter extends strategic partnership with Google Cloud
05 Feb 21The new, multi-year deal will enable Twitter to move its offline analytics, data processing, and machine learning (ML)…
UK CMA launches phase 1 inquiry into Facebook’s acquisition of Giphy
29 Jan 21The competition regulator is expected to take a decision in late March on whether a phase 2 investigation…
Facebook reports 53% jump in net income for Q4 2020
28 Jan 21The social media giant expects headwinds from Apple’s iOS changes and a reversal in pandemic trends in 2021
Twitter acquires editorial newsletter tool Revue
27 Jan 21The acquisition of the newsletter start-up is said to make Twitter a better home for writers