, an Oakland Democrat, passed out of the Assembly Judiciary Committee unanimously on Tuesday with Riverside Republican Assemblyman Bill Essayli added as a co-author along with Los Angeles Democrat Josh Lowenthal.
Wicks’ bill follows the December collapse in Congress of a federal bill with similar goals, the Journalism Competition and Preservation Act, carried by U.S. Sens. Amy Klobuchar, a Minnesota Democrat, and John Kennedy, a Louisiana Republican. Matt Schruers, president of the Computer and Communications Industry Association, whose members include Meta, Google, Twitter and Yahoo!, told the committee that tech companies’ use of news content is consistent with U.S. copyright law.
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Apple results could mark weak finish to Big Tech earningsApple Inc will likely report a more than 4% drop in revenue, its second straight quarterly decline, weighed down by consumers shunning non-essential purchases such as iPhones and Mac computers and slowing growth at its services business.
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