Connect with us

Hi, what are you looking for?

Tech News

Google could cut funding to more US news publishers

Google logo and black swirls
Illustration: The Verge

After threatening to remove links to California news outlets due to a new bill in the state, Google could cut back its investments in the industry even more. The tech giant has told nonprofit newsrooms that it could halt funding to the Google News Initiative, which provides more than $300 million in funding across thousands of news outlets, according to a report from Axios.

Google issued the warning in response to another California bill aimed at helping local news outlets. If passed, the bill would charge a 7.25 percent tax whenever large companies like Google sell user information to advertisers. The money collected from that tax would fund tax credits for news outlets in the state.

Although this law would only go into effect in…

Continue reading…

You May Also Like

Tech News

Illustration: The Verge Canada’s security agency is trying to dissuade Canadians from using TikTok, telling users that their data is “available to the government...

Editor's Pick

On this week’s edition of StockCharts TV‘s StockCharts in Focus, Grayson walks you through the “heart and soul” of StockCharts – Your Dashboard – and explains...

World News

What makes a libertarian society libertarian? Certainly, one must begin—as did Murray Rothbard—not only with the nonaggression principle, but also with the unequivocal protection...

Editor's Pick

Scott Lincicome Today we’ve published two new essays for Cato’s Defending Globalization project: The More Resources We Consume, the More We Have by Marian...