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In March 2024, Meta stopped renewing the Facebook contracts related to News Media Bargaining Code, resulting in calls for Facebook to be designated under the Act. [62] Axel Bruns expects the Australian government at some point to "designate" Meta, leading to Meta going for a permanent ban on Australian news content on its sites (so it can ...
The Online News Act was in effect by year-end, but Meta will not participate in the regulatory process. [88] In October 2023, Zuckerberg said that AI would be Meta's biggest investment area in 2024. [89] Meta finished 2023 as one of the best-performing technology stocks of the year, with its share price up 150 percent. [90]
The Online News Act (French: Loi sur les nouvelles en ligne), known commonly as Bill C-18, is a Canadian federal statute.Introduced in the 44th Canadian Parliament, passed by the Senate on June 15, 2023, and receiving royal assent on June 22, 2023, the act will implement a framework under which digital news intermediaries (including search engines and social networking services) that hold an ...
In response to the Online News Act, Meta (owner of Facebook) began blocking access to news sites for Canadian users at the beginning of August 2023. [15] [16] This also extended to local Canadian news stories about the wildfires, [17] a decision that was heavily criticized by Trudeau, local government officials, academics, researchers, and evacuees.
The case centers on Meta acquisition of Facebook's two former competitors—Instagram and WhatsApp. The FTC alleges that Meta holds monopolistic power in the US social networking market and seeks to force the company to divest from Instagram and WhatsApp to break up the conglomerate. The Federal Trade Commission said that Meta's actions prevent ...
Meta employs an estimated 60,000–80,000 employees as of 2023. [1] Facebook subcontracts an additional estimated 15,000 content moderators around the world. [ 2 ] The majority of unionized workers at Meta in the United States are subcontractors working as security guards, janitors, bus drivers and culinary staff.
Since May 2024, the Meta AI chatbot has summarized news from various outlets without linking directly to original articles, including in Canada, where news links are banned on its platforms. This use of news content without compensation has raised ethical and legal concerns, especially as Meta continues to reduce news visibility on its platforms.
In response to the Online News Act, Meta Platforms began blocking access to news sites for Canadian users at the beginning of August 2023. [396] [397] This also extended to local Canadian news stories about the wildfires, [398] a decision that was heavily criticized by Trudeau, local government officials, academics, researchers, and evacuees.