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Google says 'not up to us' to dictate how news companies spend its $1 billion

Google is continuing to negotiate with additional publishers, including in the Unites States, to spend $1 billion for what it calls News Showcase.

March 31, 2021 / 05:50 PM IST
Google | Representative Image  (Image: Reuters)

Google | Representative Image (Image: Reuters)

Alphabet Inc’s Google has reached licensing deals with over 600 news outlets around the world and is seeing a “huge increase” in users requesting more content from specific publications as part of a new program, it said on Wednesday.
The update comes as big internet service providers including Facebook Inc have been locked in bitter disputes over fair compensation to publishers.

Google is continuing to negotiate with additional publishers, including in the Unites States, to spend $1 billion for what it calls News Showcase.

Facebook, Google plan new undersea cables to connect Southeast Asia and America

The program through 2023 is Google’s biggest effort to invest in an industry that blames tech giants for siphoning its advertising revenue. Combined, Facebook and Google control over half of the digital advertising market.