In a recent development, Meta Platforms (NASDAQ:META), the parent company of Facebook, has announced that it will stop compensating news publishers for their content on the social media platform in Australia, France, and Germany. What Happened: Meta Platforms revealed on Wednesday that it will no longer pay news publishers for their content on Facebook, leading to a fresh confrontation with the Australian government, Reuters reported on Friday. The decision comes as Meta Platforms has been reducing its promotion of news and political content on its platforms. The company has also terminated it…