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Google, Trudeau Government Find Middle Ground To Avert Canada News Block With $74M Deal
Wednesday, November 29, 2023 - 9:31pm | 639Alphabet Inc.’s (NASDAQ:GOOGL) (NASDAQ:GOOG) subsidiary Google has averted a potential news block in Canada by agreeing to an annual payment of $74 million to the Canadian news sector. What Happened: Google and the Canadian government have come to terms regarding a disputed law...
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Google Lays Off Dozens In News Division Amid Misinformation Crisis
Thursday, October 19, 2023 - 3:02am | 540In a surprising move, Google (NASDAQ:GOOGL) (NASDAQ:GOOG) has laid off dozens from its news team this week. This decision comes at a time when the role of online platforms in battling misinformation is increasingly under scrutiny. While the Google spokesperson confirmed the layoffs, they did not...
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Google News Resumes Services In Spain After 8-Year Hiatus: Here's What Happened
Wednesday, June 22, 2022 - 7:13am | 266Eight years after shutting down, Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) reopened Google News services in Spain on Wednesday. What Happened: The company had, earlier in 2014, stopped its news services due to a Spanish rule that forced Google and other news aggregators to pay publishers...
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Tech War With News Publishers Reaches US: Bloomberg
Wednesday, March 10, 2021 - 3:53pm | 595The battle between news publishers and Alphabet Inc.’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google and Facebook Inc (NASDAQ: FB) kickstarted in Australia got further intensified as it made way into the U.S., Bloomberg reports. What Happened: Policymakers...
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Google Launches Paid News Showcase Platform In UK: CNBC
Wednesday, February 10, 2021 - 1:49pm | 392Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google launched its News Showcase platform in the U.K. offering news paid for by it, CNBC reports. The move comes within a week after Google rolled out the News Showcase platform in Australia to bypass their content...
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Google To Allow Free Access To Some Paywalled News Outside US
Thursday, December 3, 2020 - 4:21am | 558As part of Alphabet Inc's (NASDAQ: GOOG) (NASDAQ: GOOGL) $1 billion investment in news, Google will start offering people access to paywalled content in partnership with select news publishers, the company said in a blog post. What Happened: Google News Showcase...
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Google Commits $1B To License News From Global Media Outlets — Unless They're Australian
Friday, October 2, 2020 - 3:19am | 480Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) CEO Sundar Pichai announced Thursday the tech giant’s initial $1 billion commitment to license news content for a novel service called Google News Showcase. What Happened: It is the company’s largest financial commitment to date to news...
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Facebook Won't Let Australians Share Any News, If It's Forced To Share Revenue
Monday, August 31, 2020 - 9:59pm | 404Facebook Inc (NASDAQ: FB) said Monday it would have to “reluctantly” stop people in Australia from sharing local and international news on both its and subsidiary Instagram's social media platforms, should a draft law that mandates revenue sharing with news organizations...
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Google Is Poor At Creating New Products, Calacanis Says
Wednesday, July 19, 2017 - 1:34pm | 369Is there something wrong inside of Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s headquarters? If you ask Jason Calacanis, the founder of Inside.com, there are many things that aren't right with one of the world's biggest and most visible companies. Alphabet hasn't released an...
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BP May Sell Texas Refinery to Competition, But Why?
Wednesday, September 19, 2012 - 9:00am | 521According to a new report by The Financial Times, BP (NYSE: BP) may be on the verge of selling its Texas City refinery to Marathon Petroleum (NYSE: MPC). Although the refinery has been for sale since February 2011, why is BP so desperate to sell a once profitable location to the competition?...