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Google deal with French media grinds to a halt

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Google deal with French publishers on hold pending an antitrust decision

In what is a worrying move for European publishers – Google has put its preliminary deal to pay French media companies for news content on hold.

It follows Google agreeing to pay a total of $76 million to 121 publishers in January, under an agreement signed by both the tech giant and the major French media lobby group.

The deal is viewed as one of the highest-profile and extensive deals to fall under Google’s developing “News Content” programme.

The programme is designed to provide compensation and remuneration to news companies for content that appears in search results – a first of its kind in Europe.

The deal was frozen in the wake of an anti-trust report that is due to be handed down by the French consumer and competition watchdog in the coming weeks.

The report follows allegations that Google is failing to comply with French competition regulations regarding how the tech giant should conduct negotiations with news publishers over copyright.

Google says “we’re still working with publishers, the APIG and the French competition authority on our agreements in order to finalise and sign more deals.”

William is an Executive News Producer at TICKER NEWS, responsible for the production and direction of news bulletins. William is also the presenter of the hourly Weather + Climate segment. With qualifications in Journalism and Law (LLB), William previously worked at the Australian Broadcasting Corporation (ABC) before moving to TICKER NEWS. He was also an intern at the Seven Network's 'Sunrise'. A creative-minded individual, William has a passion for broadcast journalism and reporting on global politics and international affairs.

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Will Australia’s foreign investment rule create an economic boost?

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Australian Treasurer Dr. Jim Chalmers announced an overall of foreign investment rules ahead of the budget.

Australia is set to announce a significant decline in its projected gross debt, signalling a more optimistic outlook for the country’s fiscal health.

The Airport Economist, Professor Tim Harcourt at UTS joins to discuss.

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Research key to investment success

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What is the importance of research in the investing and super landscape in Australia?

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Peter Green, Director of Research at Lonsec Research. #wyld money

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Why “stagflation” will be the greatest financial threat of 2024

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With inflation soaring and economic growth tapering off, concerns about stagflation are on the rise

Stagflation, a situation characterised by high inflation coupled with stagnant economic growth, presents a unique challenge that many are ill-prepared to face.

Mark Wyld from MW Wealth joins to unpack what defines “stagflation”. #featured

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