Facebook's News Woes: Name Changes, Economic Value, and Threats to Pull Content in Canada
TL;DR
Nick Clegg, Meta's President of Global Affairs, bailed on a Canadian government hearing after lawmakers changed the event's title to be critical of Facebook. The hearing was meant to debate the "Online News Act," which would force Facebook and other internet companies to pay publishers for their content. Meta is threatening to cut Canada off from news links altogether if the contested legislation passes. Clegg claims the bill is based on a "fundamentally flawed premise" that Meta unfairly benefits from publishers' work.
- Facebook's Head Flak Bails on Hearing After Name Change Gizmodo
- Facebook is wrong to say news lacks economic value, says Canada PM Trudeau Reuters
- Tech giants threaten to pull news from platforms if forced to pay Canadian publishers KOMO News
- Meta May End Facebook, Instagram News Content in Canada Over Act Bloomberg
- Facebook president a no-show at Commons committee on news over 'confrontational' label The Globe and Mail
- View Full Coverage on Google News
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