Tech EU News
France reaches landmark deal with Google
http://www.euronews.com/ France has inked a landmark agreement with Google, under which the web giant will pay 60 million euros into a new fund to help media outlets increase their online revenue.
In return, French publishers will stop pushing Google to pay them for posting links to their content.
The firm’s Executive Chairman Eric Schmidt came to Paris to seal the deal with French President François Hollande.
Hollande had threatened to draft a law forcing the tech giant to pay media for linking to their content if a solution was not found.
The President said he was proud the two sides had finally resolved a long-running dispute:
“The fund will help our press adapt to the digital age. It will also help investment and innovation, which is good for the French press, for content and also for Google,” Hollande said.
France’s agreement with Google is the first of its kind on such a scale, although the company settled a similar dispute with Belgian publishers last month.
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@Daritto7117
March 13, 2024 at 8:35 am
In 100 years, foreign governments will bow down to international corporations such as Google. This has both bad and good effects, but globalization is slowly merging and the cross border connections will bring bout more knowledge to our species and tech giants will br drawing borders on our planet between the 1st & 3rd world countries.
@arka67
March 13, 2024 at 8:35 am
mecessities ? in regards to businesses or gov't ?
@arka67
March 13, 2024 at 8:35 am
I gain new products , innovation , jobs, commercial activity, prosperity .
what do you gain from tyrannical gov't ?
wars !
@xlightable
March 13, 2024 at 8:35 am
Something smells fishy here…
@Uhmu
March 13, 2024 at 8:35 am
More like a landmark failure. How do you take an opportunity and turn it into a quagmire? Instead of giving in google should have stopped this service in France.
@selfsenter
March 13, 2024 at 8:35 am
France is smart
@arka67
March 13, 2024 at 8:35 am
France behaves like tyrannical governemnt !