Alphabet reopened Google News in Spain on Wednesday, eight years after it shut down the service because of a Spanish rule forcing the company and other news aggregators to pay publishers for using snippets of their news.
Madrid last year transposed European Union copyright rules, revamped in 2020, into legislation, allowing media outlets to negotiate directly with the tech giant.
The move prompted an announcement from Google last year that it would re-open Google News in the following year.
"Today, on the global 20th anniversary of Google News, and after an almost eight-year hiatus, Google News is returning to Spain," Fuencisla Clemares, vice president for Iberia, said in a blogpost.
She said the company also planned to launch Google News Showcase, its vehicle for paying news publishers, as soon as possible in Spain.
ADNOC Distribution has reported a net profit growing by 15.6 per cent year-on-year to $579 million in the first nine months, with an EBITDA increase of 12 per cent to $885 million, its strongest performance since listing in 2017.
TECOM Group has announced a 20 per cent revenue growth reaching more than AED 2.1 billion, with a net profit exceeding AED 1.1 billion, marking an 18 per cent year-on-year increase.
The Dubai Financial Market (DFM) has announced its consolidated financial results for the nine months ending September 30, reporting a net profit before tax of AED 930.8 million, an increase of 212 per cent compared to the same period in 2024.
DMCC — Dubai’s leading international business district — has announced plans to create a new Financial Centre that will anchor trade finance, fintech innovation and digital asset solutions across its 26,000-member community.
The Central Bank of the UAE (CBUAE) has decided to cut the Base Rate applicable to the Overnight Deposit Facility (ODF) by 25 basis points, from 4.15 per cent to 3.90 per cent, effective from Thursday, October 30.
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Welcome to Pinoy Bulletin, your go-to source for staying informed about important announcements, exciting group activities, community events, and job opportunities!
Make sure to tune in every weekdays to Tag Gising Na from 5AM - 10 AM for a comprehensive roundup of important updates.