Canada tries to address news law concerns, Facebook not convinced
Canada has unveiled draft rules for a law to make internet giants pay news outlets, but Facebook remains committed to blocking news in the country.
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The main topic is Meta's decision to block Canadian access to news links and stories on Facebook and Instagram in response to a new law that would require them to pay publishers for their content. Key points include the passing of the Online News Act in Canada, Meta's decision to end news availability in Canada, Google's plans to follow suit, the decline of the news industry and the controversy surrounding the new laws. The article also mentions Meta's previous financial contributions to the news industry and the potential impact of these laws on social media platforms in the future.
The Canadian government has released draft regulations that would require Meta Platforms Inc. (Facebook) and Alphabet Inc. (Google) to pay news outlets a minimum of 4% of their annual revenue in Canada, but Meta has stated that it will continue to block users in Canada from seeing news stories on Facebook.