Facebook deals with French Publishers for news
On Thursday, Social Media giant Facebook announced as it deals with French publishers. As of the reports, It reached an agreement with Fresh Press for showing its news on its user’s feeds. For this process, there remains a possibility that French Press will receive a payment from Facebook.
“By signing this agreement, social media firm ensures that its users can continue uploading and sharing news stories freely amongst their communities. At the same time ensuring that the copyright of our publishing partners is protected.”
“The best way to predict the future is to invent it.”
In January, Google said it had reached a draft agreement with APIG to pay publishers for a selection of content shown in its searches.
The deal did see as a victory for France’s battle to protect the publishing rights of the press and news agencies. France won the battle to protect the publishing rights of the press and news agencies with this deal.
According to the source, Facebook Inc remains planning to rebrand the company with a new name. It will change its name in the coming week. Mark Zuckerberg, CEO of Facebook, plans to discuss the name change issue during the annual connect conference on 28th October. Moreover, he said the people will consider the company as a metaverse company.
In the U.S., the company faces increasing government scrutiny over its business practices. Meanwhile, the news comes at a difficult time for the company.
In response, Facebook said it does not comment on “rumor or speculation”.