The Intelligence from The Economist cover image

The Intelligence from The Economist

Swat off the press: Meta v Canada’s news ploy

May 17, 2024
23:40
Snipd AI
Exploring the botched effort to get money from social media linking news; contrasting American work habits with Europe's; honoring Shirley Conran for her empowering books; challenges for news publishers in Canada; the impact of taxation on work motivation; and the push for female empowerment through controversial writing.
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Podcast summary created with Snipd AI

Quick takeaways

  • Canada's law to make social media pay for news links harmed publishers by reducing web traffic.
  • News outlets are adapting to engage audiences through alternative means like newsletters and apps.

Deep dives

Impact on Canadian News Outlets and Meta

Canada implemented a law requiring social media giants like Facebook to pay news outlets for sharing their links. However, Meta, which owns Facebook, refused to comply, leading to Canadian news sites being blocked on the platform. This move has significantly reduced web traffic for many publishers, impacting smaller sites like Gugukwer's News, which focuses on indigenous stories.

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