As Australian government caves, Facebook lifts ban on news content and announces deals with media companies

Facebook Inc will restore Australian news pages in the next few days after Canberra agreed to amend legislation that would force the social media giant to pay media companies for news content. Australia and Facebook have been locked in a stand-off for more than a week as Canberra pushed ahead with the measure, aimed at tech behemoths, such as Facebook and Alphabet Inc’s Google.

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