Facebook defends its stance in Australia, says it invested $600M since 2018 to support the news industry and plans at least $1B more over the next three years (Nick Clegg/About Facebook)

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Nick Clegg / About Facebook:
Facebook defends its stance in Australia, says it invested $600M since 2018 to support the news industry and plans at least $1B more over the next three years  —  Last week, in a move that will have felt abrupt and dramatic to many, Facebook announced it was stopping the sharing of news on its service in Australia.

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