2 months ago

Facebook Parent Meta May Remove News From Platform Following Vote in Congress

Wibbitz Top Stories
Wibbitz Top Stories
Facebook Parent Meta , May Remove News From Platform , Following Vote in Congress.
Facebook Parent Meta , May Remove News From Platform , Following Vote in Congress.
At issue for Meta is the Journalism Competition and Preservation Act which may be added to the annual defense bill to ensure passage.
The bill seeks to allow news organizations to come together when negotiating with tech behemoths. .
Meta spokesperson Andy Stone stated the company's position via Twitter on Dec. 5.
If Congress passes an ill-considered journalism
bill as part of national
security legislation, , Andy Stone, Meta spokesperson, Twitter.
... we will be forced to consider removing news from our platform altogether ... , Andy Stone, Meta spokesperson, Twitter.
... rather than submit
to government-
mandated negotiations .., Andy Stone, Meta spokesperson, Twitter.
... that unfairly disregard any value we provide to news outlets through increased traffic
and subscriptions, Andy Stone, Meta spokesperson, Twitter.
Publishers and broadcasters put their content on our platform themselves because it benefits their bottom line — not the other way around, Andy Stone, Meta spokesperson, Twitter.
The government creating a cartel-like entity which requires one private company to subsidize other private entities is a terrible precedent for all American businesses, Andy Stone, Meta spokesperson, Twitter.
In contrast to Meta's position, news trade groups have come out in support of the bill.
Local papers cannot afford to endure several more years of Big Tech’s use and abuse, and time to take action is dwindling. , The News Media Alliance, via NBC News.
If Congress does not act soon, we risk allowing social media
to become America’s de facto
local newspaper, The News Media Alliance, via NBC News.
However, advocacy groups contend that the bill
could “create an ill-advised antitrust exemption for publishers and broadcasters.”.
A similar law passed in Australia has been effective, according to government data
See more about

Browse more videos

Browse more videos