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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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Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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