Paul Ziobro

Facebook to Spend $1 Billion on News Content Over Three Years

Facebook said it would spend at least $1 billion to license material from news publishers over the next three years, a pledge that comes as tech giants face scrutiny from governments around the world over paying for news content that appears on their platforms. The spending plans are in addition to $600 million that Facebook paid since 2018 in deals with publishers like the Guardian, Financial Times and others to populate its Facebook News product in some countries.

Postal Service Review Proposes Sweeping Changes Likely to Hit Amazon

A Treasury-led task force is proposing that the US Postal Service charge more for certain package deliveries, going after Amazon and other online retailers that President  Donald Trump has said benefit at the post office’s expense. The task force’s report recommends: