Rupert Murdoch’s News Corp Australia reached a deal with Facebook after weeks of negotiations. The social media giant will pay Murdoch’s company to share content from its major media outlets like The Australian and Sky News Australia.
In the midst of growing pressure on technology companies to regulate political advertising ahead of the 2020 election, Google announced last week it will limit advertisers’ ability to micro-target users on the basis of their political affiliations.
The Trump campaign has spent more than $27 million on digital advertising this cycle, outspending the four leading Democratic contenders combined. On Facebook alone, the Trump campaign has spent $21 million, focusing ads on impeachment and socialism.
Despite a string of recent controversies, the New York Times reported record growth in subscriptions last week. The paper is ending the year just shy of 5 million subscribers, and is projected to attain 10 million by 2025.
After a series of privacy scandals, Facebook’s latest policy that exempts political candidates from being fact-checked came under fire from presidential candidate Elizabeth Warren. And Warren is hardly the only lawmaker who supports increased regulation of the tech giant.