Google Reaches Agreement with California to Provide Funds to News Agencies

TapTechNews August 22nd news, according to Politico, Google has reached an agreement with California legislators and plans to provide $250 million (TapTechNews note: currently about 1.783 billion yuan) in funds to news organizations across California to prevent the government from passing a state bill that could cause it greater losses.

It is reported that $180 million (currently about 1.284 billion yuan) of it will be allocated to California news media (excluding broadcasters), and the remaining $70 million (currently about 499 million yuan) will be used for artificial intelligence resources to help strengthen the workforce. This plan is expected to start sometime in 2025.

The bill mentioned in the previous text is called the California Journalism Preservation Act (CJPA). If this bill passes, California requires Meta and Google to pay its publishers $13.9 billion (currently about 99.141 billion yuan) annually.

In response, Google said it has run tests to delete links pointing to California news websites and emphasized that the CJPA could have a significant impact on our product experience.

California State Senate leader Mike McGuire expressed concern about the funding issue in a statement to Politico, saying that the agreement does not fully address the inequality issues faced by the industry.