Tech Titan vs
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1 year ago
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Facebook, now known as Meta, has issued a dire warning that it might block all news articles in California if the California Journalism Preservation Act becomes law. This clash between tech giants and the news industry has escalated, and the implications are significant. The proposed legislation aims to impose a tax on the advertising revenue generated by tech platforms from news distribution, with the majority of the funds supporting local newsrooms. However, Facebook argues that the bill disproportionately benefits out-of-state media companies, prompting them to consider a drastic measure.
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