Google's recent lobbying expenses soared to nearly $11 million, almost 90 times more than last year, as the tech giant navigated legislation regarding journalism funding.
This unprecedented lobbying expenditure comes as Google engaged in a fierce battle at the California Capitol over whether it would have to pay news outlets for their content.
In response to political pressure, Google made a deal for $55 million to support local newsrooms, alongside a substantial commitment towards an AI accelerator.
Having previously spent far less in lobbying, Google’s $10.7 million expenditure marked a significant escalation, outpacing traditional lobbyists and reflecting the urgency of its legislative negotiations.
Collection
[
|
...
]