France, Google reach deal to end row

France, Google reach deal to end rowParis, Feb 2 - French publishers and Google Friday announced their accord to end a month-long dispute over whether the search engine giant should pay to display news content in its search results.

"After intense negotiations, agreement was reached today," the Elysee, the presidency office, said in a statement posted on its website, reported Xinhua.

"The president of the Republic ... expressed the hope that a negotiated solution between newspaper publishers and Google will be found," it added.

As French President Francois Hollande and Google chief Eric Schmidt signed the accord, the search engine giant was expected to create a 60-million-euro ($80-million) fund to "ease the transition from the press to the digital world", according to the statement.

On September 2012, main French newspaper publishers called on the government to impose a law to force search engines to pay commissions to French media websites.

In protest, Google threatened to stop linking to French media websites, angering the socialist government. (IANS)

Region: 
General: 



Check out More news from Telecom Sector :: Pharmaceutical Sector :: Auto Sector :: Infrastructure :: Real Estate


Popular Stories

Chinese troops participate in Pakistan's National Day Parade

Islamabad [Pakistan], Mar. 24 : Pakistan's National... Read More

Afghanistan: Taliban seize key district where U.K. lost 104 soldiers

London [U.K.], Mar. 24 : The Taliban has captured a... Read More

Ukraine: Arms Depot blasts injure two in Kharkiv region

New Delhi [India], Mar. 24 : Two people were... Read More

On its National Day, Pakistan hopes of improving ties with India

New Delhi [India], Mar. 24 : Pakistan on Thursday... Read More