Thread by @jason_kint

ok, here is a good report on it. NYT reporter in Australia who has covered better than most (did I mention he's in Australia?) 2 month window allowing FB to save face after it's chaos move last week that killed any remaining trust there so spin, spin.
nytimes.com/2021/02/22/tec…

https://twitter.com/jason_kint/status/1364071799533797381

seriously, I don't think press has properly analyzed Facebook's decision to pull out last week and its motivation. It went over as bad as it could, now they're spinning their way out. It's another chapter in Harvard's case study on FB crisis PR failures.

https://twitter.com/jason_kint/status/1364045661981847552?s=20

Watch Facebook now spin this overnight. I imagine they're hitting up as much US press as possible with talking points that they've ensured and protected smaller publishers (ignoring fact law already had non-discrimination and collective bargaining in it and still does).

if they're not getting enough nibbles to write their version of events so everyone forgets about that time they blocked all news then they'll offer up calls with Sandberg or something as carrot. This is a big deal to them, they need to save face with other govts now digging in.

actually, it looks like it was embargoed by Facebook. The law is about to pass Senate (House already passed). The headline overnight is going to be Facebook's settlement which saves face and govt gave up nothing really. Instead of headline being the law passed which it should be.

I'm sorry @axios but what???? I bet you a dolla there are zero changes to the baseball-style arbitration. it's core. All they got was a 60 day window to do deals. That's it. The headline here is Facebook caved after a disaster/desperate PR stunt last week.

BBC also has solid report (in addition to NYT) so linking to it here. It mostly focuses on restore of Facebook sharing and the botched move, "a decision the government described as 'arrogant' and 'bullying'." bbc.com/news/world-aus…

I respect the @reuters report also. Very little information which is a responsible way to handle it until further information from local reporters in Australia rather than relying on Facebook's misleading statements and blog post. reuters.com/article/us-aus…

also good report out of @lizzadwoskin linking to report properly characterizing Facebook's move as "brazen" and avoiding any confusing info about the likely very limited amendments to the deal. washingtonpost.com/technology/202…

a solid even report out of Australia (not yet able to shared on Facebook but you can get it here on Twitter!) news.com.au/technology/onl…

and here is @FT @JamieSmythF
@MsHannahMurphy . Pubs with a reporter in Australia and California really are covering this well. Nice benefit of having local journalists - coverage facebook / google will have to properly bargain for after the law passes! ;) ft.com/content/360b04…

another great report from @business, pleased to see really good coverage as more and more catch up and gather what is really happening here. this sort of nails the context to it. bloomberg.com/news/articles/…

and here is @FinancialReview which has been covering these developments around the ACCC report, code and now law super well the last few years. Good report, too. afr.com/technology/fac…

Statement:

https://twitter.com/jason_kint/status/1364138244057812992?s=20

Also a good report here from @LisaVisentin. Includes this threat from Campbell Brown, journalist. smh.com.au/politics/feder…

Ha, like the image with this - also an interesting take. Even Facebook's former executives says Facebook was saving face. Ignore Ben Evans, he's called it a "link tax" so he can't be a serious analyst. bbc.com/news/technolog…

Australia
Facebook kicking and screaming
Amendments to save face
Voila

parlinfo.aph.gov.au/parlInfo/downl…