CEO Sundar Pichai said a new product called Google News Showcase will launch first in Germany, where he has listed German newspapers including Der Spiegel, Stern, Die Zeit, and in Brazil with Folha de S. Paulo, Band and Infobae.
It will be launched in Belgium, India, the Netherlands and other countries. About 200 publishers in Argentina, Australia, UK, Brazil, Canada and Germany have signed up for the product.
Google’s parent Alphabet reported a net profit of $ 34.3 billion from revenue of nearly $ 162 billion last year.
The product, which allows publishers to select and present their stories, will roll out in Google News on Android devices and eventually on Apple devices.
The European Publishers Council (EPC), whose members are News UK, Guardian, Pearson, New York Times and Schibsted, criticized the plan.
“By launching a product, they (Google) can set terms and conditions, breaking laws designed to create conditions for fair negotiations, while claiming they help fund news production,” said EPC Executive Director Angela Mills Wade.
The US warns against ransomware payments
Facilitating ransomware payments to sanctioned hackers may be illegal, the US Treasury Department said on Thursday, signaling a crackdown in the fast-growing market for consultants helping organizations pay for cybercriminals.
In a pair of pieces of advice, the Treasury Department’s Office of Foreign Asset Control and the Financial Crime Enforcement Network warned that facilitators could be prosecuted even if they or the victim did not know that hackers demanding ransom were subject to US sanctions.
“This is a game changer,” said Alon Gal, Hudson Rock’s chief technology officer, which works to prevent ransomware attacks before they occur.
Previously, companies could decide whether to pay cybercriminals, he said. Now that the decision is under government scrutiny, “we will see a tougher handling of this incident.”
Ransomware works by encrypting computers, holding corporate data hostage until payments are made. Organizations often collect ransoms to free their data.
Cybercriminals have long used software to loot their victims. Several countries, notably North Korea, have also been accused of spreading ransomware.
Boeing removed the 787 Dreamliner program from a multilevel manufacturing hub north of Seattle and shifted jobs to a nonunion plant in South Carolina amid slumping sales of wide-body jets. Jet aircraft production will consolidate in North Charleston, SC, by mid-2021, according to the company’s best estimates, Boeing said Thursday. The aircraft maker is assessing the potential impact on work at its plant in Everett, Wash.
Walmart will make its first foray into the fast growing market for next year’s privately managed Medicare Advantage plan with two products for Georgia seniors combined with new insurance company Clover Health. The plan will give seniors access to a new Walmart health center being tested by the retail giant in stores outside Atlanta. The clinic and other providers plan to use Clover’s technology to track patient health and improve care.
The Supreme Court of Ireland has decided that the bread sold by the fast food chain Subway contains so much sugar that it cannot legally be defined as bread. The decision comes in a tax dispute brought in by Bookfinders, an Irish Subway franchisee, who argues that some take-out products are not responsible for value-added tax. The panel of judges rejected the appeal on Tuesday, ruling that the bread sold by Subway contained too much sugar to be categorized as a “staple food”, which was not taxable.
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