Tag: facebook news

Meta adamant, but Justin Trudeau says Canada to keep pressure on Facebook to pay for news
16Dec By adminNo Comments
Technology

Meta adamant, but Justin Trudeau says Canada to keep pressure on Facebook to pay for news

[ad_1] Ottawa will keep pushing Meta to comply with a new law requiring large internet companies to pay Canadian news publishers for their content, Prime Minister Justin Trudeau said on Friday, but the Facebook parent stood by its decision to block news sharing rather than pay. The government on Friday published final regulations for the Online News Act before enforcement starts Dec. 19. The law requires technology companies with 20 million unique monthly users and annual revenues of C$1 billion ($748 million) or more to compensate Canadian news outlets for publishing links to their pages.Alphabet's Google and Meta are the only platforms that fall under those criteria in Canada. Google agreed last month to pay C$100 million annually to news publishers in the country. Meta, in contrast, ...
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Threads app is not for news, politics? Then what is it? Instagram CEO surprises with answer
8Jul By adminNo Comments
Technology

Threads app is not for news, politics? Then what is it? Instagram CEO surprises with answer

[ad_1] Instagram CEO, Adam Mosseri, has surprised everyone with his recent statemenet about the new Threads app He has indicated that Threads is not meant for news and politics. During a conversation with The Verge, Mosseri expressed that politics and hard news bring about too much scrutiny, negativity, and risks to the app's integrity.According to Mosseri, Threads will not actively promote or encourage politics and hard news. He believes that there are already plenty of vibrant communities on Instagram, such as those focused on sports, music, fashion, beauty, and entertainment, that don't require involvement in politics or hard news. Mosseri's perspective is likely influenced by his experience overseeing Facebook's News Feed. In recent times, the parent company of Instagram, Meta, has ...
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Facebook is wrong to say news lacks economic value, says Canada PM Trudeau
10May By adminNo Comments
Technology

Facebook is wrong to say news lacks economic value, says Canada PM Trudeau

[ad_1] Canadian Prime Minister Justin Trudeau on Tuesday said Meta Platforms Inc's opposition to proposed legislation that would compel payment by its Facebook unit and other internet companies for journalistic content was based on a flawed argument that news has no economic value.Speaking to a parliamentary committee about the Trudeau government's legislation on Monday, a Meta official said news has a social value, but not an economic value to the company. "If we are being asked to compensate these publishers for material that has no economic value to us, that's where the problem is," Meta's head of public policy in Canada, Rachel Curran, told the committee. Trudeau on Tuesday said, "that argument that the internet giants are putting forward is not just flawed, it's dangerous to our de...
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Australia forces Facebook and Google to pay for news
3Dec By adminNo Comments
Technology

Australia forces Facebook and Google to pay for news

[ad_1] An Australian law giving the government power to make internet giants Facebook and Google negotiate content supply deals with media outlets has largely worked, a report said. An Australian law giving the government power to make internet giants Facebook owner Meta Platforms and Alphabet Inc's Google negotiate content supply deals with media outlets has largely worked, a government report said. But the law, which took effect in March 2021 after talks with the big tech firms led to a brief shutdown of Facebook news feeds in the country, may need to be extended to other online platforms, the review said. Since the News Media Bargaining Code took effect, the tech firms had inked more than 30 deals with media outlets compensating them for content which generated clicks and adv...
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Facebook threatens to block news content over Canada’s revenue-sharing bill
22Oct By adminNo Comments
Technology

Facebook threatens to block news content over Canada’s revenue-sharing bill

[ad_1] The Online News Act laid out rules to force platforms like Meta's Facebook and Alphabet's Google to negotiate commercial deals. Facebook warned on Friday that it may block sharing of news content on its platform in Canada over concerns about legislation that would compel digital platforms to pay news publishers.The Online News Act, introduced in April, laid out rules to force platforms like Meta's Facebook and Alphabet's Google to negotiate commercial deals and pay news publishers for their content, in a move similar to a ground-breaking law passed in Australia last year. The legislation is under consideration at a parliamentary committee, to which the U.S. social media company said it has not been invited to share its concerns. "We believe the Online News Act misrepresents the...
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