tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Google dismisses Canadian government’s news link olive branch, Bloomberg says

Alphabet’s (GOOGL) Google is inching closer to blocking people in Canada from viewing news links on its search engine after the company rejected government regulations to assauge its concerns about an impending online content law, Bloomberg’s Randy Thanthong-Knight reports. The move is the latest blow to Prime Minister Justin Trudeau’s administration and its attempts to compel Google and Meta (META) to negotiate payments with local publishers under the Online News Act, which is set to become effective on December 19, the author notes. “We continue to have serious concerns that the core issues ultimately may not be solvable through regulation and that legislative changes may be necessary,” Google spokesperson Shay Purdy said by email.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

See Insiders’ Hot Stocks on TipRanks >>

Read More on GOOG:

Disclaimer & DisclosureReport an Issue

1