Social media giant says it is blocking news over proposed media bargaining code but includes health, police and other pages; some restrictions remain in Victoria as businesses reopen. Follow live
- Facebook blocks Australian users and publishers from viewing or sharing news
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Embattled casino operator Crown Resorts has plunged into the red as a result of covid-19 lockdowns and its regulatory crisis, losing $120m over the last six months of 2020.
This compares to a profit of $219m for the same period in 2019.
The company also current liabilities – things that need to be paid in the next 12 months – that are $430m more than current assets – things it could reasonably turn into cash in the same period.
The Facebook ban on news content in Australia has led to several official government pages being blocked from posting content.
WA’s fire and emergency services department, the Bureau of Meterology, the Queensland Department of Health, and a number of ACT government pages have all had their content removed as a result of Facebook’s ban this morning.
Facebook’s news ban hammer having a lot of collateral damage. pic.twitter.com/mP4pfd3nL5