Meta to restrict news sharing in Canada after Online News Act passes.

1 min read
Source: Fox Business
Meta to restrict news sharing in Canada after Online News Act passes.
Photo: Fox Business
TL;DR

Meta, the parent company of Facebook and Instagram, will remove news content for its Canadian users after a new law in Canada requires the company to pay media outlets for articles shared on the platforms. The Online News Act, which received Royal Assent on June 22, intends to level the playing field between online advertising giants and the shrinking news industry. The new law came amid a standoff between Prime Minister Justin Trudeau's government and Silicon Valley tech giants.

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