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California Moves Big Tech News Bill to 2024, But Holds Firm

Having passed the California Assembly June 1 with bipartisan support and moved on to the Senate, the California Journalism Preservation Act (CJPA) has been kicked over to the next term, becoming a two-year bill. Instead of a scheduled hearing this week, AB 886 will go on calendar for 2024 while fine-tuning continues. The bill is reminiscent of laws passed in Canada and Australia that require companies including Meta and Google to pay publishers for news content. Assemblymember Buffy Wicks (D-Oakland) says legislators are leveraging the session spillover and will not lose ground as they navigate to passage. Read more

U.S. and EU Formally Adopt Long-Awaited Data Sharing Deal

The European Union has agreed to a data sharing agreement with the United States, bringing to a close a years-long negotiation that saw U.S. national security concerns bump up against European privacy rights. The new EU-U.S. Data Privacy Framework — which replaces a previous iteration, the Privacy Shield, invalidated by EU courts in 2020 — was a focus of Big Tech. Under the new agreement, Europeans can lodge formal objections when they feel their personal information has been improperly accessed by American intelligence agencies, with an independent judicial review body, the Data Protection Review Court, established to evaluate such claims. Read more

Charter Regional Sports Strategy Aims to Lower Cable Costs

Charter Communications is debuting a “sports lite” cable tier designed to curb cord-cutting by offering customers the opportunity to save money by opting out of regional sports networks. The new package will begin rolling out in Q3, on a market-by-market basis beginning with Charter’s Spectrum-branded cable service. Spectrum Select Plus will include a full slate of sports, including regional networks, while the reduced-rate Spectrum Select Signature will feature limited sports. Charter owns two regional sports networks at a time when those specialty channels have felt the impact of subscribers leaving cable for streaming. Read more

Snap’s Ad Revenue-Sharing Draws Creators Back to Platform

After significantly curbing its creator payout program, Snap Inc. has largely rejuvenated its Snapchat platform with the implementation of a revenue-sharing option that has lured back some top talent, according to reports. After a testing period that began last year, Snap in April opened to all eligible users a program that allows creators to earn a portion of revenue from ads appearing between their posts. Several thousand participants are said to have qualified for the program, in which those who achieve certain goals become eligible for “Snap Star” status. Read more

Threads Breaks App Record with 100 Million Users in 5 Days

Meta Platforms’ Instagram spin-off Threads has racked up more than 100 million users in just five days, making the Twitter challenger the fastest growing app in history, beating ChatGPT’s recent record of 100 million users in two months. Threads was launched in 100 countries on July 5, and surpassed 100 million sign-ups on Monday. On Friday, Meta CEO Mark Zuckerberg wrote from his @zuck account on Threads that the app had already crossed the 70 million mark, performing “way beyond our expectations.” Ramping up the rivalry between Zuckerberg and Elon Musk, Twitter has threatened legal action against Meta due to similarities in the two microblogs. Read more

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