Log in
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Dynamic quotes 
News: Latest News
Latest NewsCompaniesMarketsEconomy & ForexCommoditiesInterest RatesBusiness LeadersFinance Pro.CalendarSectors 
All NewsEconomyCurrencies & ForexEconomic EventsCryptocurrenciesCybersecurityPress Releases

Communications Services Up As Facebook Restores News Service In Australia -- Communications Services Roundup

02/23/2021 | 05:30pm EDT

Communications services companies rose as investors bet Internet companies and newspaper publishers would reach a detente in a key battleground.

Facebook reached a deal with the Australian government to restore news pages to the social media company's platform as legislators were set to alter proposals that would force Internet companies to pay for traditional news, following a five-day suspension. The dispute in Australia is seen as a test case for global debates over Internet companies' responsibility to pay for news items.

Black News Channel has expanded its reach more than 20-fold in about seven months, part of its new chief executive's ambitious plan to shake up the cable-TV news landscape and provide an alternative that looks through the lens of Black Americans.

Federal Communications Commission Chairwoman Jessica Rosenworcel plans to auction "mid-range" wireless spectrum with 5G applications as telecom companies continue to vie for airwaves.

 Write to Rob Curran at rob.curran@dowjones.com 

(END) Dow Jones Newswires

02-23-21 1729ET

Latest news "Economy & Forex"
12:10pU.S., other countries deepen climate goals at Earth Day summit
12:08pFACTBOX- Key points in Italy's draft Recovery Plan for cabinet
12:03pU.S. Supreme Court curbs FTC's power to recoup ill-gotten gains
12:02pU.S. SEC names former prosecutor Alex Oh as head of enforcement
12:02pU.s. securities and exchange commission names former federal prosecutor alex oh as director of enforcement unit
11:57aU S SENATE COMMITTEE ON AGRICULTURE NUTRITION &  : Opening Statement of Ranking Member John Boozman at Business Meeting to Consider S. 1251, the Growing Climate Solutions Act of 2021
11:52aOil little changed as Libya output decline offsets Asian demand worries
11:51aANALYSIS : U.S. financial regulators in hot seat as Biden ramps up climate agenda
11:49aPoland reaches union deal on gradual coal mine shutdown plan
11:48aALEX GORSKY : J&J shareholders approve CEO Gorsky's near $30 million pay plan
Latest news "Economy & Forex"