OTTAWA, Sept 2, 2023 (BSS/AFP) - Ottawa on Friday spelled out how a new law requiring digital giants to pay publishers for news content will work in practice, including how much it could cost Meta and Google. Effectively it targets only Google and Meta -- which control about 80 percent of all online advertising revenues in Canada. Meta reacted by calling the bill "fundamentally flawed" and vowed to continue blocking access in Canada to news articles on its Facebook and Instagram platforms. Google, which has also voiced opposition to the Online News Act, said it would "carefully study the proposed regulations to assess whether they address (its) major structural challenges." "These tech platforms have to act responsibly and support the news sharing they and Canadians both benefit from," she said.

Source: Bangladesh Sangbad Sangstha September 02, 2023 03:33 UTC