Facebook and Instagram parent Meta Platforms Inc. on Wednesday threated to block users in California from sharing news articles if lawmakers in its home...
Facebook and Instagram parent Meta Platforms Inc. on Wednesday threated to block users in California from sharing news articles if lawmakers in its home state pass legislation requiring some tech companies to pay news publishers.
The California Journalism Preservation Act, which is up for a vote in the state Assembly on Thursday, would require social-media platforms that make money on online ads through distributing news articles to pay a fee to support digital news publishers. Under the bill, news organizations would be required to spend at least 70% of that fee revenue on their newsrooms.
California Assemblywoman Buffy Wicks, who sponsored the bill, called the threat from Menlo Park, Calif.-based Meta “a scare tactic that they’ve tried to deploy, unsuccessfully, in every country that’s attempted this. It is egregious that one of the wealthiest companies in the world would rather silence journalists than face regulation.”
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