'Meta To Test Blocking News On Instagram, Facebook For Some Canadians' - BNN Bloomberg
Portfolio Pulse from Benzinga Newsdesk
Meta is set to temporarily block news content for some Canadian users on Facebook and Instagram in response to the controversial Bill C-18. The test will affect 1-5% of its 24 million Canadian users and may lead to a permanent block if the bill passes. The bill requires tech giants to pay publishers for linking to or repurposing their content online.
June 23, 2023 | 2:09 pm
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Meta's temporary news content block in Canada may lead to a permanent block if Bill C-18 passes, potentially affecting user engagement and ad revenue.
Meta's decision to temporarily block news content in Canada is a response to Bill C-18, which requires tech giants to pay publishers for linking to or repurposing their content online. If the bill passes and Meta decides to permanently block news content, it could lead to reduced user engagement and ad revenue, as users may turn to other platforms for news consumption.
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