An Australian law giving the government power to make internet giants Facebook owner Meta Platforms and Alphabet Inc's Google negotiate content supply deals with media outlets has largely worked, a government report said. But the law, which took effect in March 2021 after talks with the big tech firms led to a brief shutdown of Facebook news feeds in the country, may need to be extended to other online platforms, the review said. Since the News Media Bargaining Code took effect, the tech firms had inked more than 30 deals with media outlets compensating them for content which generated clicks and advertising dollars, said the Treasury department report, published late Thursday.
It's no secret that technology stocks have been hit hard in 2022, ending stellar runs. Where from here?
(Bloomberg) -- Neuralink Corp. has yet to achieve its primary goal of implanting a computing device into the brain of a human. And yet, in typical fashion for an Elon Musk venture, the company is already bounding ahead, aiming implants at other body parts.Most Read from BloombergMusk’s Neuralink Hopes to Implant Computer in Human Brain in Six MonthsBeverly Hills Cop Was California’s Highest-Paid Municipal WorkerAn Arizona County’s Refusal to Certify Election Results Could Cost GOP a House SeatNe