Page 92 - Andy Stone News Today

Facebook owner Meta said the proposed California Journalism Preservation Act would create a slush fund that benefits large out-of-state media companies.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Meta, Facebook's parent company, said it would be 'forced' to block news stories from feeds of users in California if a new journalism proposal passes in the state.

The bill would require tech giants like Facebook and Instagram to pay news outlets whose stories appear on their platforms.

Posts about matt pearce written by Mike Masnick

Proposed bill would require ‘online platforms’ to pay a fee to state news providers whose work appears on their services

Meta, which owns Facebook and Instagram, is threatening to block access to news stories on its sites in California if a new bill that would share revenue with media organizations passes.

California Advances Legislation Requiring Tech Companies To Pay For News - 06/02/2023

Facebook and Instagram say theyd be forced to remove news if a California bill passes.

The California Journalism Preservation Act still needs to be approved by the state Senate and signed by Democratic Gov. Gavin Newsom to become law.