Enlarge / Sen. Maria Cantwell (D-Wash.) at a Senate listening to on The State of Broadband Amid the COVID-19 Pandemic, on Wednesday, Could 13, 2020. (credit score: Invoice Clark | CQ Roll Name | Getty Photos)
The decimation of native media is by now a tragic, acquainted story skilled by tens of hundreds of thousands of People everywhere in the nation. In a report launched right this moment, the Senate Commerce Committee’s high Democrat is laying blame for the massacre squarely on the ft of Google and Fb, claiming the businesses have participated in destroying native information within the pursuit of monopolizing monetization.
Sen. Maria Cantwell (D-Wash.) launched the scathing new report (PDF) right this moment, forward of a scheduled listening to Wednesday through which Twitter CEO Jack Dorsey, Google CEO Sundar Pichai, and Fb CEO Mark Zuckerberg shall be testifying.
It’s true that the promoting streams that funded native newspapers earlier than the appearance of the Web modified dramatically within the 21st century as information went digital. Even so, the report says, retailers might have been capable of handle besides that “Native information has been hijacked by just a few giant information aggregation platforms, most notably Google and Fb, which have grow to be the dominant gamers in internet advertising.”Learn 10 remaining paragraphs | Feedback
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