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Google to invest $1 billion and pay news publishers for content to develop app

Google plans to invest $1 billion on partnerships with news publishers worldwide to develop a "Showcase" app to highlight their reporting packages, CEO Sundar Pichai said in a statement Thursday.

"This financial commitment -- our biggest to date -- will pay publishers to create and curate high-quality content for a different kind of online news experience," Pichai said.

AFP
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