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Facebook parent Meta to stop paying Australian news media
Facebook parent Meta to stop paying Australian news media
Technology
by  AFP

Facebook parent Meta announced Friday it would no longer pay Australian media companies for news, prompting a government warning that the firm was in "dereliction" of past promises. Three years ago, Meta's promise to pay news outlets prompted the Australian government to water down legislation governing online platforms and their relationships with the news media.

Asian markets mostly up after US gains
Asian markets mostly up after US gains
Economy
by  AFP

Asian markets were largely higher on Friday following Wall Street gains driven by tech rallies and key US inflation data that met investors' expectations. On Wall Street, the tech-linked Nasdaq set a new record, surpassing a 2021 high.

Divided G20 blocked by 'impasse' over Ukraine, Gaza
Divided G20 blocked by 'impasse' over Ukraine, Gaza
Economy
by  AFP

The first G20 finance ministers' meeting of the year ended Thursday without a joint statement due to deep divisions over the wars in Ukraine and Gaza, officials said. - No 'business as usual' - German Finance Minister Christian Lindner had earlier said his country planned to insist any final statement address Russia's two-year-old war in Ukraine.