this post was submitted on 18 Aug 2023
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This is a bad take. I'm blaming Facebook for deciding they'd rather not have news than share the money they make off it with the people who need to be paid to make it.
@ram @festus
What is your evidence that Facebook is making money off of linking to news? They say it's not earning them much money, which is why cutting Canadian media off is not losing them anything.
I'm not engaging with this. Obviously facebook is monetized. I'm not gonna sit here and explain how advertising and the sale of your data makes a company revenue.
@ram
They monetize everything; cat pix, political rants, food reviews etc. And they don't pay for that either.
FB is enduring zero loss for blocking Canadian news. Even the call for an ad boycott is a bust. The biggest losers are the very media sources that pushed for this crap law.