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EU: Google rolls out a $164 million partnership with newspapers

By  |  April 28, 2015

Google has pledged 150 million euros to support and fund news organizations, in a new scheme likely to be seen as a charm offensive following clashes with European regulators.

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    Through its Digital News Initiative – a partnership with eight publishers including the Financial Times and The Guardian – the U.S. search giant has promised to help organizations with product development, support start-ups and offer training. Google said it aimed to help the media organizations “increase revenue, traffic and audience engagement.”

    The move comes after European regulators filed antitrust charges against Google earlier this month, alleging that the company “abused its dominant position” in the Internet search market.

     

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