Facebook Inc has told Australian publishers it has stopped negotiating licencing deals, an email to the industry seen by Reuters showed, a move which came just six months after the passing of a law designed to make tech giants pay for news content. While Facebook has announced deals with most of the country's largest news outlets, some media companies including TV broadcaster SBS have been left out in the cold, raising questions about the scope and effectiveness of the law. The Special Broadcasting Service, or SBS, one of Australia's five national free-to-air broadcasters and the country's main source of foreign language news, said Facebook declined to enter negotiations despite months of attempts and that it was surprised and disappointed.
Shares of Marin Software Inc. (NASDAQ: MRIN) spiked higher following an announcement from management that the company entered into a revenue share agreement with Google LLC (NASDAQ: GOOG) to develop its enterprise tech platform and software products. The revenue share agreement will take effect after September 30, 2021 following the scheduled termination of the existing agreement between Marin and Google from December 2018. Marin Software Inc. provides a cloud-based digital advertising managemen