Welcome to the Tech Meme Right Home for Wednesday, February 24th, 2021.

I'm Brian McCullough.

Today, Facebook defends its stance in Australia.

Microstratgy doubles down on its stance

vis-à-vis Bitcoin is sign-in with Apple the new stick the antitrust folks might use

to beat Apple with. But conversely have you noticed that the social networking space has gotten

hella competitive lately? What does that mean for antitrust arguments vis-à-vis Facebook?

Oh, and a skateboard for AR glasses.

Here's what you miss today in the world of tech.

Facebook is defending its stance in Australia, saying that it has invested 600 million dollars just

since 2018 to support the news industry globally and it plans to spend at least a

billion dollars or more over the next three years going forward, quoting Facebook's Nick Clegg.

The assertions repeated widely in recent days that Facebook steals or takes original journalism

for its own benefit always were and remain false. We neither take

nor ask for the content for which we were being asked to pay a potentially exorbitant price.

In fact, news links are a small part of the experience most users have on Facebook.

Fewer than one post in every 25 in your news feed will contain a link to a news story,

and many users say they would like to see even less news and political content.

As Tim Berners-Lee, the inventor of the World Wide Web warned,

the Australian law could make the Internet as we know it unworkable,

arguing that it, quote, risks breaching a fundamental principle of the web by requiring payment for linking

between certain content online, end quote.

...