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AmextaFinance > Investing > Meta to end news sharing in Canada
Investing

Meta to end news sharing in Canada

News Room
Last updated: 2023/06/23 at 4:04 AM
By News Room
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Facebook parent Meta Platforms Inc.
META,
+1.15%
on Thursday said it will end access to news on Facebook and Instagram in Canada after that country’s parliament passed a bill that would force internet giants to pay publishers for news. The Online News Act was approved by the Senate upper chamber on Thursday and is expected to be formally adopted shortly. “Today, we are confirming that news availability will be ended on Facebook and Instagram for all users in Canada prior to the Online News Act taking effect,” Meta said in a statement.

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News Room June 23, 2023 June 23, 2023
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