Facebook strikes News Corp. deal: The social giant is the latest to concede to Australia's new law requiring platforms to pay publishers. More deals are likely to come soon, as the News Corp. deal opens the negotiation floodgates.

The Grammys flopped, but ad revenues soared: Despite historical low ratings, this year's Grammy Awards brought in $80 million in ad spending—a trend seen in many major live TV events. But as TV viewership keeps dropping, the bubble will likely burst soon.