By Diane Bartz, Helen Coster WASHINGTON (Reuters) – Lobbyists for Facebook and Google threw their weight against new U.S. legislation that seeks to aid struggling news publishers by allowing them to negotiate collectively against the tech companies over revenue sharing and other deals. U.S. lawmakers introduced the plan in Congress on Wednesday to address a perceived power imbalance between news outlets and the tech giants. Critics accuse the companies of using content to drive traffic and ad… Source link
Read More »Facebook, Google fight bill that would help U.S. news industry
By Diane Bartz and Helen Coster WASHINGTON (Reuters) – Lobbyists for Facebook and Google threw their weight against new U.S. legislation that seeks to aid struggling news publishers by allowing them to negotiate collectively against the tech companies over revenue sharing and other deals. U.S. lawmakers introduced the plan in Congress on Wednesday to address a perceived power imbalance between news outlets and the tech giants. Critics accuse the companies of using content to drive traffic and… Source link
Read More »Facebook, Google fight bill that would help U.S. news industry
By Diane Bartz and Helen Coster WASHINGTON (Reuters) – Lobbyists for Facebook and Google threw their weight against new U.S. legislation that seeks to aid struggling news publishers by allowing them to negotiate collectively against the tech companies over revenue sharing and other deals. U.S. lawmakers introduced the plan in Congress on Wednesday to address a perceived power imbalance between news outlets and the tech giants. Critics accuse the companies of using content to drive traffic and… Source link
Read More »Factbox: How U.S. bills would help news media negotiate with Facebook, Google
(Reuters) – A bipartisan group of U.S. lawmakers led by Senator Amy Klobuchar and Representative David Cicilline introduced legislation on Wednesday aimed at making it easier for news organizations to negotiate collectively with platforms like Google and Facebook. FILE PHOTO: The brand logo of Alphabet Inc’s Google is seen outside its office in Beijing, China August 8, 2018. Picture taken with a fisheye lens. REUTERS/Thomas Peter/File Photo The bills introduced in the House and Senate -… Source link
Read More »Google and Facebook Killed Free
This article is part of the On Tech newsletter. You can sign up here to receive it weekdays. We’re constantly being nudged to pay to subscribe. There are all those paid streaming video and music services. News organizations, including The New York Times, want subscribers. Your favorite dating site, email service or messaging app might also ask you to pay for stuff you once got free. Paid subscriptions are nothing new, but increasingly they seem to be the future of everything. I do wonder,… Source link
Read More »Google and Facebook Are Under Fire: These 3 Stocks Could Be Winners
Facebook and Alphabet have delivered impressive returns for investors over the last five years, but challenges are mounting. Each company is facing heightened scrutiny related to the spread of misinformation in the U.S., and new regulations in markets including the European Union and Australia could eat into each company’s earnings. These big tech leaders are feeling the squeeze, but the broader technology sector still plays host to companies that… Source link
Read More »American’s Trust Google More Than Facebook or TikTok
Just Because Americans Trust Google The Most, That Doesn’t Mean They Trust Google Entirely Americans Trust Facebook And TikTok The Least American’s Require More Digital Education What Can Social Media Giants Do To Increase Trust? In a world of fake news and misinformation, 1,057 U.S. residents were asked how they feel about social media and search platforms. The recent survey uncovered trust levels in tech companies, which platforms cause concern and opinions regarding tech space… Source link
Read More »The whole web pays for Google and Facebook to be free
Consider all the paywalls and paid services that are rolling out across the internet. News, films, music and even theatrical streaming are now available for a subscription fee. The latest example is Twitter Inc., which announced last week that it plans a paid product, dubbed “Super Follows,” where users can charge followers for “premium” tweets and other content. The move is a way for the company to decrease its dependence on advertising revenue — a pot of money that’s… Source link
Read More »Digital media war heats up: More countries could target Facebook, Google over news
Facebook has turned the news back on. In Australia, the websites that were previously blocked by Facebook are now accessible and sharable once again. But the battle involving social networks and news is just beginning. Last week Australia’s government passed a law this week that offered a glimpse at the future for Facebook and media consumers around the world. The News Media Bargaining Code, passed Wednesday, effectively forces big tech platforms to pay publishers for news… Source link
Read More »Facebook and Google are prolonging the pandemic
Created by well-funded anti-vaccine groups and spread by misguided but dedicated activists on social media, vaccine misinformation could lengthen the COVID-19 pandemic and literally kill people. The First Amendment prevents governments from silencing speech, but it doesn’t compel private companies to enable, promote and support harmful speech: Nobody is owed a social media service. Social media companies must limit anti-vaccine groups’ power to harm people through their services. For… Source link
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