- The Online News Act is a law mandating that tech companies pay content fees to domestic media outlets.
- Meta is currently conducting several weeks of product tests to “end news availability in Canada” following Parliament’s decision.
- The decision follows a similar law passed last year in Australia, mandating that digital platforms such as Facebook and Google pay domestic media outlets when linking to their content in search or feeds.
Read More at cnbc.com
- In addition to its recent expansion to the U.K. and elsewhere, after first arriving in the U.S., Australia and New Zealand earlier this year, the company says paid verification is available to all users in India, with Brazil coming soon.
- Meta will continue to honor “legacy blue badge” globally for those who were verified before the launch of Meta Verified based on existing criteria.
Read More at techcrunch.com
- The California Journalism Preservation Act would require tech platforms like Facebook and Instagram to give money to local news outlets, a move NPR described as taxing the "advertising profits platforms make from distributing news articles."
- The majority (about 70%) of the money collected would support California newsrooms.
Read More at mashable.com
- A crazy Facebook glitch reared its head last week, as searching for people on the platform resulted in friend requests automatically being sent to them.
- The glitch has since been fixed, and Facebook has now shed more light on the problem in an alert to users.
Read More at androidauthority.com
- Meta announced several new artificial intelligence tools and services for advertisers.
- At an event in New York City, Meta unveiled the AI Sandbox, a “testing playground” for advertisers to try out new generative AI-powered ad tools.
- The company also announced updates to Meta Advantage, its portfolio of automated tools and products that advertisers can use to enhance their campaigns.
Read More at cnbc.com