Google and Canada Strike Deal to Avoid News Ban and Ensure Fair Compensation
Google has reached a deal with Canada to avoid a news ban under the Online News Act, which requires tech giants to pay for news content. The agreement requires Google to pay C$100m annually to news outlets. The funding will support a wide range of news businesses, including independent and minority-owned outlets. Google expressed satisfaction with the government's commitment to address their concerns, and while working through the exemption process, they will continue to direct traffic to Canadian publishers. Meta, owner of Facebook and Instagram, is already blocking news content in response to the law.
