display
In the dispute over new regulations for tech companies in Australia, Facebook has bowed to the new media law and concluded agreements with some companies.
The world's largest Internet network announced on Friday that an agreement had been reached with the companies Private Media, Schwartz Media and Solstice Media.
The US tech company did not comment on financial details.
These agreements are to come into force within 60 days of the final signature of the contract.
The three media companies with which Facebook reached an agreement on Friday publish weekly newspapers, industry magazines and online magazines, among other things.
In Australia, Google and Facebook will have to pay for media content under the law passed on Thursday.
This measure is intended to encourage Internet companies to pass on part of their advertising income to traditional media houses.
display
The tech companies had sharply criticized the new regulations.
The dispute escalated when Facebook blocked all media links as well as several official and disaster sites.
Before the parliament in Canberra finally passed the law, key points were weakened.
It is envisaged that the tech companies will first sit down with the media houses to reach agreements on payments.
If there is no deal, a government-appointed mediator decides.
"The global tech giants are changing the world, but we cannot let them rule the world," said Australian Prime Minister Scott Morrison on Friday.
Australia is the first country to pass such a law.
Governments around the globe have been looking for ways to curb the influence of US tech giants for years.
Several states have now declared that they will take steps following the example of Australia.