Governor Gavin Newsom's recent veto of legislation to require payments from internet giants for news stories contradicts his earlier promises to ensure Californians benefit from the value of their data.
Newsom had previously proposed a 'Data Dividend' for Californians, stating that they should control how their data is used and share in the wealth generated from it.
The internet and social media platforms have exploited news organizations by using their content to build profitable advertising programs without providing fair compensation.
Due to the manipulation of revenue streams by big tech, about a third of U.S. newspapers have closed since 2005, threatening local news services in California.
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