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Meta criticized by Australia after failing to renew media deal, FT reports

Australia’s government on Friday criticized Meta after the company pulled out of an agreement to pay local media companies for content, The Financial Times’ Nic Fildes reports. Michelle Rowland, communications minister, said that Meta’s move represents a “dereliction of its commitment to the sustainability of Australian news media” and that her department will seek advice from the competition regulator and Treasury over the next moves, Fildes writes.

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