The Australian Competition and Consumer Commission (ACCC) wants tech giants like Facebook and Google to pay for the content reposted from news outlets.
Last month Google warned its users that its search services could be “dramatically worse” as a result and Facebook’s latest move to block news sharing has escalated tensions between tech firms and regulators.
The social media network said that if the proposed legislation becomes law it will stop Australians from sharing news on Facebook and its subsidiary Instagram.
The ACCC responded to Facebook’s threat to block news content saying it was “ill-timed and misconceived”.
Revenues leaped 355% to $663.5m (£496.3m) for the three months ending 31 July, beating analysts’ expectations of $500.5m.
Profits soared to $186m, while customer growth rose 458%, compared with the same period in 2019.
Key to Zoom’s success was its ability to add paying customers – high-budget corporate clients – as opposed to those who use its services for free and video conferencing apps remain crucial due to the increase in remote working.
The Child Poverty Action Group (CPAG) surveyed 1,055 UK parents who received the benefit over the summer found that 28% said they used it for general expenses, as opposed to 2% who did this when a similar study was done in 2012.
Currently, eligible families receive £21.05 a week for a first child, and £13.95 a week for any subsequent children. Those paid more than £60,000 a year do not get the benefit, and it is offset against tax for people earning between £50,000 and £60,000.
The CPAG has called for the support to be increased by £10 a week, saying the government had so far offered no specific support for struggling families during the Covid-19 pandemic.
Research completed by The National Foundation for Educational Research has found that the learning gap between rich and poor pupils has grown by almost half since schools closed in March and concludes that a quick catch up with missed material is unlikely.
The new term begins in England and Wales this week. Schools are already back in Scotland and Northern Ireland and the government has said it is determined children should not lose out because of coronavirus.