Page 112 - Andy Stone News Today

Facebook parent Meta Platforms says it will be forced to consider removing news content from its platform if Congress passes legislation that could require social media companies to pay news outlets

The threat comes as Congress considers legislation that could require social media companies to pay news outlets.

Meta said it would be forced to remove news from its platform altogether if Congress passes the Journalism Competition and Preservation Act, arguing broadcasters benefited from posting their content on its platform.

Facebook (now known as Meta) CEO Mark Zuckerberg warned that his platform, the largest social media platform in the world, may have to remove news content altogether if Congress passes the Journalism Competition and Preservation Act (JCPA), a bill that will create a cartel of media conglomerates capable of forcing Big Tech to transfer wealth to them.

No guarantee 'funds gained through negotiation or arbitration will be paid to journalists'

Meta warned Monday that it will consider killing news on its platforms such as Facebook if Congress passes an antitrust journalism bill, teeing up a major clash between Big Tech companies and federal lawmakers before the New Year.

(Reuters) - Facebook parent Meta Platforms Inc said it would be forced to remove news from its platform altogether if the U.S. Congress passes the Jou...

Meta said it would be forced to remove news from its platform altogether if Congress passes the Journalism Competition and Preservation Act, arguing broadcasters benefited from posting their content on its platform.

Meta warned Monday that it will consider killing news on its platforms such as Facebook if Congress passes an antitrust journalism bill, teeing up a major clash between Big Tech companies and federal lawmakers before the new year.

By David Shepardson