Google parent Alphabet reported a net profit of $34.3 billion on revenue of almost $162 billion last year. The product, which allows publishers to pick and present their stories, will launch on Google News on Android devices and eventually on Apple devices. "With News Showcase and the new integration of editorial content like from Spiegel, Google shows that they are serious about supporting quality journalism in Germany. Google is negotiating with French publishers, among its most vocal critics, while Australia wants to force it and Facebook to share advertising revenue with local media groups. Google's funding for news organisations has frustrated other internet publishers, such as weather websites and recipe tools, which say Google has hurt their revenue.

Source: bd News24 October 01, 2020 11:15 UTC