Facebook has reached an agreement with the Australian government and will restore news pages in the country days after restricting them. The decision follows negotiations between the tech giant and the Australian government, which is set to pass a new media law that will require digital platforms to pay for news.
“After further discussions, we are satisfied that the Australian government has agreed to a number of changes and guarantees that address our core concerns about allowing commercial deals that recognize the value our platform provides to publishers relative to the value we receive from them,” Facebook said in an updated statement.
“As a result of these changes, we can now work to further our investment in public interest journalism and restore news on Facebook for Australians in the coming days,” the company said.
Prime Minister Scott Morrison’s government introduced last-minute changes to the proposed news media bargaining code that is in parliament and is expected to be voted into law soon. The bill was introduced in parliament last December.
The law, if passed, will make digital platforms pay local media outlets and publishers to link their content in news feeds or search results.
Under the amendments to the proposed bill, the Australian government will take into account commercial agreements that digital platforms like Google and Facebook have already made with local news media businesses before deciding if the code applies to the tech giants.
The government will also give the digital platforms one month’s notice before reaching the final decision. It will also include a two-month mediation period to allow digital platforms and publishers to broker deals before they are made to enter arbitration as a last resort.
ICICI Bank Outlook for the Week (July 31, 2023 – Aug 04, 2023)
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ICICI Bank Weekly Outlook and Analysis:
For the Week: (July 31, 2023 – Aug 04, 2023)
ICICI Bank Outlook for the Week (July 31, 2023 – Aug 04, 2023)
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICIBank Share Price : 996.20 (NSE)
ICICIBank closed the Week on Negative Note losing 0.08%
Weekly High: 1008.70
Weekly Low: 977.05
Weekly Range: 30.95 Points
Weekly Support & Resistance For ICICI Bank:
RESISTANCE 2 | 1026 |
RESISTANCE 1 | 1011 |
SUPPORT 1 | 979 |
SUPPORT 2 | 962 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 979 levels, Minor resistance on the upside is capped around 1011 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 962 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1026
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1026 on upside and 962 on downside.
ICICI Bank Outlook for the Week (July 24, 2023 to July 28, 2023)
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ICICI Bank Weekly Outlook and Analysis:
For the Week: (July 24, 2023 – July 28, 2023)
ICICI Bank Outlook for the Week (July 24, 2023 – July 28, 2023)
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICIBank Share Price : 997 (NSE)
ICICIBank closed the Week on Positive Note Gaining 3.85%
Weekly High: 1001.45
Weekly Low: 952.85
Weekly Range: 23.75 Points
Weekly Support & Resistance For ICICI Bank:
RESISTANCE 2 | 1032 |
RESISTANCE 1 | 1015 |
SUPPORT 1 | 966 |
SUPPORT 2 | 935 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 966 levels, Minor resistance on the upside is capped around 1015 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 935 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 1032
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 1032 on upside and 935 on downside.
ICICI Bank Outlook for the Week (July 17, 2023 to July 21, 2023)
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ICICI Bank Weekly Outlook and Analysis:
For the Week: (July 17, 2023 – July 21, 2023)
ICICI Bank Outlook for the Week (July 17, 2023 – July 21, 2023)
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICIBank Share Price : 960.05 (NSE)
ICICIBank closed the Week on Positive Note Gaining 1.44%
Weekly High: 965
Weekly Low: 941.25
Weekly Range: 23.75 Points
Weekly Support & Resistance For ICICI Bank:
RESISTANCE 2 | 979 |
RESISTANCE 1 | 970 |
SUPPORT 1 | 946 |
SUPPORT 2 | 932 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 946 levels, Minor resistance on the upside is capped around 970 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 932 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 979
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 979 on upside and 932 on downside.
ICICI Bank Outlook for the Week (10-JUL-2023 to 14-JUL-2023)
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ICICI Bank Weekly Outlook and Analysis:
For the Week: (July 10, 2023 – July 14, 2023)
ICICI Bank Outlook for the Week for the Week (July 10, 2023 – July 14, 2023)
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICIBank Share Price : 946.40 (NSE)
ICICIBank closed the Week on Positive Note Gaining 1.26%
Weekly High: 964.75
Weekly Low: 936.50
Weekly Range: 28.25 Points
Weekly Support & Resistance For Nifty Media:
RESISTANCE 2 | 977 |
RESISTANCE 1 | 962 |
SUPPORT 1 | 934 |
SUPPORT 2 | 921 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 934 levels, Minor resistance on the upside is capped around 962 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 921 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 977
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 977 on upside and 921 on downside.
ICICI Bank Outlook for the Week (03-JUL-2023 to 07-JUL-2023)
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ICICI Bank Weekly Outlook and Analysis:
For the Week: (July 03, 2023 – July 07, 2023)
ICICI Bank Outlook for the Week for the Week (July 03, 2023 – July 07, 2023)
BSE: 532174| NSE: ICICIBANK| ISIN: INE090A01021| SECTOR: BANKS
ICICIBank Share Price : 934.60 (NSE)
ICICIBank closed the Week on Positive Note Gaining 1.20%
Weekly High: 944
Weekly Low: 922.2
Weekly Range: 21.80 Points
Weekly Support & Resistance For Nifty Media:
RESISTANCE 2 | 955 |
RESISTANCE 1 | 945 |
SUPPORT 1 | 923 |
SUPPORT 2 | 912 |
Technically on the daily charts EquityPandit’s Analyst see: Minor support on the downside lies at 923 levels, Minor resistance on the upside is capped around 945 levels.
If stock breaches minor support on the downside and closes below it we may see fresh break down and stock can drag towards Major Support on lower side @ 912 and If stock breaches minor resistance on the upside and closes above it we may see fresh breakout and stock can head towards Major Resistances Level @ 955
Stock is trading above 200 days exponential moving average, suggests long term trend is bullish. EquityPandit’s Predicts Range for the Weekly as 955 on upside and 912 on downside.