Although online publishers rely heavily on Google for their traffic, the long-standing tension between both parties has been palpable. The reason – the former seeking compensation from the latter for using their content.
In a recent development, Google is planning to invest $1B (approx €848M) in partnerships with news publishers, CEO Sundar Pichai announced in a blog post. The product is called “Google News Showcase”, and will first roll out in Germany and Brazil today, before expanding into other countries.