Politics Briefing: Meta says Ottawa’s new C-18 regulations aren’t enough to stop it blocking news

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Google and Facebook must together contribute around $230-million to Canada’s news industry to be exempt from intervention

He haunts us still. That now famous line from a 1990 biography of Pierre Trudeau was meant as a compliment by its authors Stephen Clarkson and Christina McCall. Their bestselling portrait of our 15th prime minister went to great lengths – more than 500 pages in all – to depict his “magnificent obsession” with combatting Quebec separatism as nothing short of heroic. That interpretation of Mr. Trudeau’s handling of the separatist threat has never held water in Quebec itself, of course.

The complexity of the investigation, the pressure of knowing that the world, the airline, the aircraft manufacturer and families would be watching to understand why 229 people had died, was ever present. When the film was completed, we had a special private screening for families and the investigative team, between whom an emotional bond had formed. Family members wanted to see what the investigators had done.

 

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Meta & Google benefiting for turmoil at X, formerly Twitter: AnalystElon Musk posted on X that soon users will be able to use the app to make video and audio calls. Meta Platforms CEO Mark Zuckerberg (META) probably isn't worried about the announcement, says Jefferies Senior Analyst Brent Thill. 'I think the market is big enough. I think users go to the platforms for different reasons,' Thill explains, adding that Meta's platform is very 'sticky.' Thill says advertisers are moving their ad dollars from X to other platforms, 'in all of our checks Google and Meta are taking market share away from them.' Thill goes on to say that users are staying on Google (GOOGL) and Meta's platforms and, as a result, they are gaining advertiser market share, 'Google and Meta are in really phenomenal positions.' Advertisers 'are not going to the other platforms,' Thill says.
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