Australia’s upcoming law will force Facebook and Google to pay for sharing domestic media content

In a statement, U.S. social media giant Facebook Inc said, it would block news publishers and people in Australia from sharing news on its app, including Instagram and Facebook if a proposed bill which forces it pay local media outlets for content, becomes law. In July, the Australian government said it would require tech giants…

Facebook staring at potential class-action lawsuit in Australia

The likelihood of the class-action lawsuit will depend on the findings of the Australian Information Commissioner which is probing Facebook’s improper handling of 311,000 Australian users’ data. On Tuesday, IMF Bentham Ltd, a litigation funding provider, disclosed it was funding a representative who has complained against Facebook Inc’s alleged breaches of Australia’s Privacy Principles. IMF…