A major tech giant is pushing back against proposed taxes in California that would target digital ads and links, with the intention of using the revenue to support local newsrooms. The company is concerned about the impact these taxes could have on its business and is actively opposing them.
The tech giant’s opposition to the proposed taxes raises questions about the future of journalism funding and the role of big tech companies in supporting local news outlets. Critics argue that these companies should be contributing more to support journalism, given their significant influence on the digital advertising market. However, the tech giant’s stance reflects the complex relationship between technology companies and the news industry.
Overall, the tech giant’s opposition to the proposed taxes in California highlights a broader debate about the funding and sustainability of journalism in the digital age. Journalists, policymakers, and tech companies will continue to grapple with these issues as they work to ensure a vibrant and independent press.
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https://www.axios.com/2024/05/21/google-news-initiative-journalism-funding-california
