The Facebook logo is displayed on its website inthis illustration photo. – REUTERSPIXFacebook Inc on Wednesday pledged to invest at least US$1 billion in the news industry over the next three years, days after a high-profile stand-off with the Australian government over paying news outlets for content.
Facebook on Tuesday restored Australian news pages, ending an unprecedented week-long blackout after wringing concessions from the government over a proposed law that will require tech giants to pay traditional media companies for their content.