Google to pay millions to South African news outlets: watchdog

Share via:



Google will pay more than $40 million to support South African news media, many of them floundering in a digital age, the country’s competition authority said Thursday.

Tech giants, including TikTok, X and Facebook, have come under fire for anti-trust practices that the watchdog says hurt local media by limiting their ability to distribute and profit from their digital content.

In February, the Competition Commission had recommended that Google pay up to $27 million a year for five years, following a 16-month investigation that found Google searches…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Google to pay millions to South African news outlets: watchdog



Google will pay more than $40 million to support South African news media, many of them floundering in a digital age, the country’s competition authority said Thursday.

Tech giants, including TikTok, X and Facebook, have come under fire for anti-trust practices that the watchdog says hurt local media by limiting their ability to distribute and profit from their digital content.

In February, the Competition Commission had recommended that Google pay up to $27 million a year for five years, following a 16-month investigation that found Google searches…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

D2C Brand Neeman’s Raises $4 Mn To Expand Offline...

SUMMARY Neeman’s has raised $4 Mn (around INR 35...

UK regulator launches investigation into X over Grok sexualised...

Britain's media regulator launched an investigation into Elon...

CES 2026 Marks the Dawn of the Agentic AI...

CES 2026 delivered one of the most forward-looking laptop...

Popular

iptv iptv iptv