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Saturday, February 4, 2023

Meta has threatened to pull all news from Facebook in the US if an ‘ill-considered’ bill that would compel it to pay publishers passes | Business Insider

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Meta publicly warned on Monday that if Congress approved its media-competition measure, which would require Meta and other platforms to pay publishers and broadcasters, it would remove all news from its US platform. 

 The statement from Meta addressing its stance on the Journalism Competition and Preservation Act was shared on Twitter by Andy Stone, the company’s head of policy and communications. According to the statement, Meta “would be compelled to consider pulling news from our platform altogether.” if Congress passes the “ill-considered journalism bill,” as has been suggested by companies like Facebook and Google over how their material is delivered on such platforms. The Senate Judiciary Committee gave the measure its blessing in September, but the full Senate has not yet approved it. 

Source: https://www.businessinsider.com/facebook-may-axe-news-us-ill-considered-media-bill-passes-2022-12 

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