New York Times CEO sees risk in regulating Google, Facebook to help news media- Technology News, Firstpost
Reuters Jul 24, 2020 00:17:35 IST By Helen Coster (Reuters) – Regulation supposed to deal with the news business’s issues with Google and Facebook may have antagonistic penalties, mentioned outgoing New York Times Co Chief Government Officer Mark Thompson in an interview this week. The news business has seen its enterprise mannequin upended by tech giants like Alphabet Inc’s Google and Facebook Inc , which have siphoned internet marketing from publishers and which distribute news articles with out paying the shops that produce them. Thompson, who has helped lead the Times’ transformation to a “subscription-first enterprise mannequin” mentioned this week that if a news group is just too depending on digital promoting, it’s a “easy competitor” with the foremost platforms which are additionally promoting promoting – a warfare most news organizations that do not have distinctive manufacturers and content material will discover arduous to win as a result of the platforms are a lot greate