TRUTH PUKE’S TAKE: On Saturday, Meta Platforms Inc. (META.O) stated that if Canada’s Online News Act passes in its current form, they would no longer offer news material to Canadians through their platforms. In April last year, House of Commons bill C-18, also known as “Online News Act,” proposed provisions that would require platforms like Meta and Alphabet Inc’s (GOOGL.O) Google to enter into commercial partnerships and compensate news publishers for their material. Meta’s decision comes after Google began exploring limited news restriction as a potential response to this measure. On Sunday, Canadian Heritage Minister Pablo Rodriguez expressed his dissatisfaction at seeing Facebook resort to threats instead of working cooperatively with the Canadian government and that C-18 law had nothing to do with how Facebook provides news to Canadians. Last year, Facebook expressed alarm about the law and warned it might have to ban news-sharing on its platform.
#Meta #MetaPlatforms #OnlineNewsAct #Canada #HouseofCommons #Alphabet #Google #PabloRodriguez #Facebook #NewsSharing
Have a tip we should know? firstname.lastname@example.org
Truth Puke’s news department was not involved in the creation of the content above.