Facebook owner Meta said the proposed California Journalism Preservation Act would create a slush fund that benefits large out-of-state media companies.
June 1, 2023 Meta, the parent company of Facebook and Instagram, threatened to remove news from its social media sites in California if the state passes a bill requiring big tech companies to pay news outlets for their content. In a statement posted on Twitter, Andy Stone, Meta’s communications director, called California’s Journalism Preservation Act…
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