Meta is threatening to pull news posts from Facebook and Instagram if a state bill becomes law.
Bill AB 886 would make tech companies pay a journalism usage fee for content from local news outlets and require publishers to devote 70% of the proceeds from the fees to create and maintain journalism jobs in"If the
Journalism Preservation Act passes, we will be forced to remove news rather than pay into a slush fund that primarily benefits big, out-of-state media companies under the guise of aiding California publishers," Meta said in a statement.
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