Meta can't make money out of news

@ 2022/08/01
Stops paying for it

Social notworking outfit Meta has decided that there is no viable way for it to make money out of internet journalism and has stopped paying US publishers for content.

Engadget writes that "After Meta's revenue shrank for the first time in its history, the company has reportedly told publishers it will no longer pay for content to run in Facebook's News Tab."

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