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Google pledges $300mn to ‘fight’ fake news

NEW YORK: Google on Tuesday launched a new initiative, committing $300 million to help news publishers get more paid subscribers while stemming the flow of misinformation. The internet giant described the Google News Initiative as part of an "effort to help journalism thrive in the digital age." The announcement in New York followed a series of commitments to help the troubled sector by Google, which has been accused by some in the news industry of sapping revenues from the digital ecosystem. "I have always believed…

Google to shut down news site in Spain

LONDON: Google said it plans to close its news-linking service in Spain in response to legislation under which publishers will soon be able to force Internet sites to pay for re-publishing headlines or snippets of news.