TAIPEI—Alphabet Inc.’s Google said on Wednesday it will launch a T$300 million ($9.8 million) fund over the next three years to help boost the Taiwanese media’s continuing operations and digital competitiveness.
Google has come under pressure in some countries to negotiate commercial deals and pay news publishers for their content, though not in Taiwan. Google said it will pay local publishers through what it calls a “Taiwan News Digital Co-prosperity Fund” to strengthen their digital publishing capability.