Meta retreats from news: what it means for NZ

Meta retreats from news: what it means for NZ
Meta chief executive Mark Zuckerberg . (Image: Getty)
Daniel Dunkley
Two weeks ago, a group of New Zealand news publishers prepared for a trip to Auckland to attend a party hosted by tech giant Meta at trendy Karangahape Road bar, Barcita. Meta’s event was an all-expenses paid affair, bringing together participants in its latest “Accelerator” initiative, designed to guide local newsgroups on growing their digital audiences.However, just days before the soirée, the party was abruptly cancelled.Hours before the cancellation, the Facebook parent had announced the largest restructuring...

More Editor's Picks

ComCom delays Manawa takeover deal decision
Markets

ComCom delays Manawa takeover deal decision

Due on Dec 24, the decision will now be in March.

Ian Llewellyn 20 Dec 2024
GDP plunge may spur speculation about a 75bps cut
Economy

GDP plunge may spur speculation about a 75bps cut

The past two quarters mark the weakest six months since June 1991. 

Rebecca Howard 19 Dec 2024
Inside Golden Bay's crusade to be coal free
Markets

Inside Golden Bay's crusade to be coal free

Coal is being replaced by expired covid tests and tyres with an eye on a 2030 target.

Transmission Gully works will take two years – NZTA
Infrastructure

Transmission Gully works will take two years – NZTA

The agency was likely ‘paid’ as part of settlement with PPP partners.

Oliver Lewis 18 Dec 2024