Google, California Lawmaker Reach Deal on Journalism Fund (1)

A deal announced Wednesday would have tech companies like Google and the state of California commit about $250 million over the next five years to state newsrooms and an artificial intelligence project. However, it hasn’t won full approval from the state Legislature.

Assemblymember Buffy Wicks (D) announced she has reached an agreement on a partnership with tech companies, news publishers, and philanthropies. Wicks had sponsored the California Journalism Preservation Act (AB 886) that would funnel money from tech giants toward newsrooms via forced payments, but ran into opposition from the tech sector, notably Google and Meta Platforms Inc ...