Coverage dated November 28, 2023 to November 29, 2023
Google's $100 million to Canada's news industry is a small price to pay to avoid regulation
Headline from The Conversation US
Google has secured significant concessions in its deal with Ottawa over Bill C-18, the Online News Act, which comes into effect on Dec. 19.
The Conversation US's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
TORONTO >> Canada’s government said Wednesday it reached a deal with Google for the company to contribute $100 million Canadian dollars annually to the country’s news industry to comply with a new Canadian law requiring tech companies to pay publishers for their content.
TORONTO — Canada’s government said Wednesday it reached a deal with Google for the company to contribute $100 million Canadian dollars annually to the country’s news industry to comply with a new Canadian law requiring tech companies to pay publishers for their content.
Google will no longer carry out a threat to block news content from Canadian internet users, the tech giant said Wednesday, after the company and the Canadian government announced a deal to avert the looming crisis.
The agreement leaves Meta as a U.S. digital tech holdout in choosing not to pay local publishers for news snippets repurposed on its local Facebook and Instagram platforms.
