#linktax

MalayalisNearMe Official

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👉Google initially planned to remove links to Canadian news publications in response to Bill C-18, which imposed a "link tax" requiring payment for displaying such links. However, an update on 11/29 reveals that Google and Canada reached a $100 million CAD deal. This agreement allows Google to make annual payments to Canadian news companies, avoiding link removal. Google asserts this resolves core concerns. The company emphasizes its support for journalism in Canada through programs like News Showcase, unaffected SOS alerts, and commitment to safety information in Search. Canadian Dollar Retreats Against USD Amid Trade Data On Wednesday, the Canadian Dollar (CAD) displayed mixed performance against major currencies, particularly the US Dollar (USD). Despite initially gaining about a third of a percent against the USD, the CAD later retreated. Canada's third-quarter trade balance showed improvement but fell short of expectations, with the Canadian Current Account declining by CAD $-3.22 billion. The USD/CAD pair is experiencing a slight pullback from Wednesday's lows, nearing 1.3550, with technical indicators suggesting potential stabilization as the Canadian Dollar faces oversold conditions.✅ . . #GoogleNews #CanadaDeal #BillC18 #LinkTax #MediaAgreement #CanadianDollar #NewsShowcase #mnm #malayalisnearmeapp #canadaupdate #canadanews

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1 year ago

MalayalisNearMe Official

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👉Google will remove Canadian news content from its search, news, and discover products as the government's Bill C-18 Online News Act, which requires online platforms to pay news publishers, takes effect. Google cited the "unworkable" nature of the law as the reason for the decision. The move will also lead to the discontinuation of Google News Showcase in Canada. The contentious legislation has faced criticism from tech giants like Meta and Google, who argue against the imposition of a link tax.✅ . . #Google #CanadianNews #BillC18 #OnlineNewsAct #NewsPublishers #LinkTax #GoogleNewsShowcase #mnm #malayalisnearmeapp #canadaupdate #canadanews

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1 year ago

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