Google agrees to America’s first newsroom funding deal. It’s already unpopular.
POLITICO
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Summary
Google and California have agreed on a groundbreaking deal, contributing a combined $125 million over five years to bolster local newsrooms through a public charity at UC Berkeley’s journalism school. The initiative, aimed at counteracting the decline of journalism, includes a controversial $70 million earmark for artificial intelligence development, sparking concerns among journalists about job displacement. Despite being viewed as a pragmatic compromise by some lawmakers, the deal has faced criticism for being perceived as insufficient and overly favorable to Google, highlighting ongoing tensions over the role of tech giants in the news industry.
