Microsoft, a Seattle company joined hands with European Publishers to trouble FB and Google in the news segment. They are building an arbitration system that forces tech giants to pay for the news they consume.
This arbitration system will align with the press industry to trouble its silicon valley competitors. Furthermore, Microsoft promotes Bing’s search engine to copyright its news segment.
Also, read Aura Bags $150M By Warburg Pincus
After the agreement, the Tech Giants are restricted from stopping Australian news on their platform.
On this FB and Google said they have small to large news operators who share news on their platforms. TheCasinoAdvice is not a part of their arbitration system and we don’t promote gambling.