Google tries to play nice with European publishers with $163M fund
Google is attempting to mend relations with European publishers, launching a series of initiatives to train digital journalists and work with papers to build new products to deliver the news. The US company announced partnerships with eight European newspapers — including The Guardian and The Financial Times — as well as a $163 million pot (€150 million) to fund “innovation in digital journalism” over the next three years.
The announcement comes at a time of heightened tensions between Google and European institutions, with the European Union formally accusing the company of monopolistic search practices earlier this month. Although the charges do not cover the news industry, publishers in Europe have been criticizing Google’s business…
Source:: The Verge