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The move from Google, which drew swift backlash, came over a proposed law that would require tech companies to pay for news content. On Friday, Google announced it had begun removing links to California news websites for some users in response to the bill that would force Google, Meta and others to pay news outlets for their content. “No one company should be permitted to control information so singularly that it can make decisions to the detriment of society, as Google has done in California,” Coffey said. “This is a breach of public trust and we call on Google Executives to answer for this stunt.”Charles F. Champion, the president and CEO of the California News Publishers Association, said the move by Google was suppressing California news. “Google is not above the law, and they should not be allowed to act as if they are.”
Persons: California’s Unruh, Danielle Coffey, ” Coffey, , Tempore Mike McGuire, , Charles F Organizations: CNN, Google, Media Alliance, Department of Justice, Federal Trade Commission, California, Law, UCL, Pro, Tempore, California Journalism, California News Publishers Association Locations: California, America
Three ways investors can minimize their tax payments
  + stars: | 2024-04-15 | by ( Nicole Goodkind | ) edition.cnn.com   time to read: +8 min
It’s particularly difficult for investors, he said, who have to report their earnings and losses from the market to the IRS. As an alternative, Harris, who currently heads financial services firm Evergreen Money and recently authored a book about reducing tax burdens, shared his three biggest tax tips for investors with Before the Bell. So for tax purposes, selling securities that have lost value can offset the taxes due on gains from successful investments. If your losses exceed your gains, you can carry the net loss (total losses minus total gains) into the next tax year, potentially reducing future tax burdens. If you have three children and two parents, that’s $108,000 in tax free money a year, Harris said.
Persons: They’ll, , Bill Harris, It’s, Harris, , Roth, hasn’t, “ you’re, Laura, Anna Cooban, Brent, Germany’s DAX, Read, Tempore Mike McGuire Organizations: New, New York CNN, National Taxpayers Union Foundation, Paypal, CNN, Evergreen Money, Bell, Investments, Brent, Traders, CAC, FTSE, Nikkei, International Energy Agency, ANZ, Google, California Journalism, Meta, California, Pro, Tempore, Locations: New York, United States, Israel, Iran, Tehran, Syria, Shanghai, Paris, California, America
New York CNN —Google is removing links to California news websites in reaction to proposed state legislation requiring big tech companies to pay news outlets for their content, the company announced Friday in a blog post. “It’s time they start paying market value for the journalism they are aggregating at no cost from local media.”Charles F. Champion, the president and CEO of the California News Publishers Association, said Google is suppressing California news. Google has not responded to CNN’s request for comment about the current state of talks with the Canadian government. The company had a similar reaction to a 2021 Australian law that would require platforms to compensate Australian news outlets for using their content. Google said at the time it would pay publishers through its Google News Showcase instead of paying them for links.
Persons: Tempore Mike McGuire, , Assemblymember Buffy Wicks, , Charles F, we’ve, CJPA, Jaffer Zaidi Organizations: New, New York CNN, Google, California Journalism, Meta, California, Pro, Tempore, , California News Publishers Association, Global, Australian Competition, Consumer Commission Locations: New York, California, America, Canada, Australian, Australia
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