Wednesday, February 24, 2021

Australia Passes Landmark Law on Content Payment as Facebook Restores News

Australia's parliament passed a landmark legislation requiring global digital giants to pay for local news content, in a move closely watched around the world. https://ift.tt/3dJjXsp

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Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part due to investments, as it seeks to monetize AI (Luz Ding/Bloomberg)

Luz Ding / Bloomberg : Alibaba reports Q4 revenue up 3% YoY to ~$35.8B, below ~$36.3B est., and net income up ~100% to ~$3.7B, in part du...