Meta on Tuesday warned to ban news in the US if the government passes a journalism Bill that will require the social network to pay publishers for using their content.
Andy Stone, Meta's head of policy communications, said on Twitter that if the Congress passes an "ill-considered journalism Bill" as part of national security legislation, "we will be forced to consider removing news from our platform altogether rather than submit to the government-mandated negotiations that unfairly disregard any value we provide to news outlets through increased traffic and subscriptions".
Introduced last year, the Journalism Competition and Preservation Act (JCPA), once passed, will allow news publishers to negotiate with Facebook and Google over the use of their content.
The US Senate Judiciary Committee passed the Journalism Competition and Preservation Act in September, but it still has to pass through the full Senate.
Stone said that the Journalism Competition and Preservation Act "fails to recognise the key fact: publishers and broadcasters put their content on our platform themselves because it benefits their bottom line - not the other way around".
He stressed that no company should be forced to pay for content "users don't want to see and that's not a meaningful source of revenue".
"Put simply: the government creating a cartel-like entity which requires one private company to subsidise other private entities is a terrible precedent for all American businesses," Stone added.
Last year, Facebook pulled news from the platform in Australia over a similar legislation which forced it and Google to pay news publishers for content.
It later restored news content to its users in Australia.
Facebook also issued a similar threat in Canada over its Online News Act, which would also require the platform to pay publishers for sharing news.
Meta board urges changes to VIP content moderation system
Facebook parent Meta's quasi-independent oversight board said Tuesday that an internal system that exempted high-profile users, including former US President Donald Trump, from some or all of its content moderation rules needs a major overhaul.
The report by the Oversight Board, which was more than a year in the making, said the system “is flawed in key areas which the company must address”.
The board opened its review after The Wall Street Journal reported last year that it was being abused by many of its elite users, who posted material that would result in penalties for ordinary people, including for harassment and incitement of violence. AP/PTI
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)