Byron Kaye
Byron Kaye
CRITIC
img-contested
N/A
0 reviews
PUBLIC
img-contested
N/A
0 reviews

RECENT ARTICLES

Sort by:
No Rating
Blackstone rolls the dice with $6.2 billion move on Australia's Crown Resorts

Blackstone rolls the dice with $6.2 billion move on Australia's Crown Resorts

By , SYDNEY (Reuters) - Blackstone Group Inc proposed a buyout of Australia’s Crown Resorts Ltd in a deal valuing the casino operator at $6.2 billion, a markdown from the troubled company’s value a year ago but a possible reprieve from regulatory pressure.Crown shares leapt more than 20% after it disclosed the informal offer on Monday, passing Blackstone’s indicative price of A$11.85 as investors wagered a bigger payment could be in the offing from the world’s No. 1 private equity firm or another suitor.“It’s nice to get a bid, and now it’s about price discovery,” said John Ayoub, a...

Mar 21
Worthy
Share
Save
Give Tip
Review
No Rating
News Corp inks Australia Facebook deal, signalling truce after blackout

News Corp inks Australia Facebook deal, signalling truce after blackout

By SYDNEY (Reuters) - Rupert Murdoch’s News Corp reached a content-supply deal with Facebook Inc in Australia, the companies said on Tuesday, a step toward settling a dispute that saw the social media giant briefly shut down thousands of pages in the country.The agreement, terms of which were not disclosed, makes News Corp the first major media outlet to strike a Facebook deal under controversial new laws that let an Australian government-appointed arbitrator set fees if companies fail to do so.Facebook’s shutting out all media content in the country for a week last month angered world...

Mar 15
Worthy
Share
Save
Give Tip
Review
No Rating
Australia's antitrust chief claims victory after Facebook standoff

Australia's antitrust chief claims victory after Facebook standoff

By , CANBERRA (Reuters) - The architect of Australia’s laws forcing Google and Facebook to pay media companies for content claimed victory on Wednesday, though critics said last-minute changes to appease Facebook favoured Big Tech over smaller news outlets.After tense negotiations prompted Facebook to cut off news in the country last week, Australia offered a host of technical concessions and the social media giant said it would restore news as the revamped bill looked set to become law this week.While Facebook said its concerns had been met and opposition lawmakers warned that smaller...

Feb 24
Worthy
Share
Save
Give Tip
Review
No Rating
Facebook 'refriends' Australia after changes to media laws

Facebook 'refriends' Australia after changes to media laws

By , CANBERRA (Reuters) - Facebook said on Tuesday it will restore Australian news pages after negotiating changes with the government to a proposed law that forces tech giants to pay for media content displayed on their platforms.Australia and the social media group have been locked in a standoff for more than a week after the government introduced legislation that challenged Facebook and Alphabet Inc’s Google’s dominance in the news content market.Facebook last week blocked Australian users from sharing and viewing news content on its popular social media platform, drawing criticism from...

Feb 23
Worthy
Share
Save
Give Tip
Review
No Rating
Australia won't advertise COVID-19 vaccine on Facebook but vows publicity

Australia won't advertise COVID-19 vaccine on Facebook but vows publicity

By SYDNEY (Reuters) - Australia’s government pledged a publicity campaign for its rollout of COVID-19 vaccine on Sunday - but not in Facebook advertisements, as a feud continues over the social media giant blocking news content from its platform in the country.Slideshow Facebook Inc’s abrupt decision on Thursday to stop Australians from sharing news on its platform and strip the pages of domestic and foreign media outlets also blacked out several state government and emergency department accounts, drawing furious responses from lawmakers around the world.Hours before Australia began...

Feb 21
Worthy
Share
Save
Give Tip
Review
No Rating
Facebook 'unfriends' Australia: global uproar as news pages go dark

Facebook 'unfriends' Australia: global uproar as news pages go dark

By SYDNEY (Reuters) - Facebook faced a worldwide backlash from publishers and politicians on Thursday after blocking news feeds in Australia in a surprise escalation of a dispute with the government over a law to require it to share revenue from news.Facebook wiped out pages from Australian state governments and charities as well as from domestic and international news organisations, three days before the launch of a nationwide COVID-19 vaccination programme.Though the measure was limited to Australia, denunciations came from far afield, with politicians elsewhere describing it as an...

Feb 18
Worthy
Share
Save
Give Tip
Review
No Rating
Australian media firms squeeze more from Google as new law looms

Australian media firms squeeze more from Google as new law looms

By SYDNEY (Reuters) - Australia claimed an early win in a protracted licencing battle with Google on Wednesday as media companies lined up to announce content deals with the internet giant that were reportedly far more lucrative than their global rivals.A month after the Alphabet Inc-owned company threatened to shut down its search engine in Australia to avoid what it called “unworkable” content laws, the country’s two largest free-to-air television broadcasters have struck deals collectively worth A$60 million ($47 million) a year, according to media reports.That dwarfs the $76 million...

Feb 17
Worthy
Share
Save
Give Tip
Review
No Rating
Australia's Seven West Media strikes deal with Google for news

Australia's Seven West Media strikes deal with Google for news

By (This February 15 story corrects to Monday in paragraph 2)SYDNEY (Reuters) - Australia’s Seven West Media Ltd became the country’s first major news outlet to strike a licensing deal with Google, as the government pushes ahead with a law that would force the internet giant to pay media companies for content.At an earnings announcement on Monday, Seven, which owns a free-to-air television network and the main metro newspaper in the city of Perth, said it would supply content for Google’s News Showcase platform. It did not disclose terms.The deal shows Seven splitting from rivals News Corp...

Feb 14
Worthy
Share
Save
Give Tip
Review
No Rating
As Google eyes Australia exit, Microsoft talks Bing with PM

As Google eyes Australia exit, Microsoft talks Bing with PM

By SYDNEY (Reuters) -Software giant Microsoft Corp is confident its search product Bing can fill the gap in Australia if Google pulls its search over required payments to media outlets, Prime Minister Scott Morrison said on Monday.Australia has introduced laws that would force internet giant Google and social media heavyweight Facebook Inc to negotiate payments to domestic media outlets whose content links drive traffic to their platforms.However, the Big Tech firms have called the laws unworkable and said last month they would withdraw key services from Australia if the regulations went...

Feb 1
Worthy
Share
Save
Give Tip
Review
No Rating
As Google eyes Australia exit, Microsoft talks Bing with PM

As Google eyes Australia exit, Microsoft talks Bing with PM

By SYDNEY (Reuters) -Software giant Microsoft Corp is confident its search product Bing can fill the gap in Australia if Google pulls its search over required payments to media outlets, Prime Minister Scott Morrison said on Monday.Australia has introduced laws that would force internet giant Google and social media heavyweight Facebook Inc to negotiate payments to domestic media outlets whose content links drive traffic to their platforms.However, the Big Tech firms have called the laws unworkable and said last month they would withdraw key services from Australia if the regulations went...

Feb 1
Worthy
Share
Save
Give Tip
Review
  • Total 17 items
  • 1
  • 2
OUTLETS
reuters.com

reuters.com

CRITIC
img-trusted
100%
PUBLIC
img-trusted
75%