Google Settles Links Dispute with French Media Companies

Will pay them off by starting fund that helps them improve their Internet operations

Google has agreed to create a 60m euro ($82m; £52m) fund to help French media organisations improve their internet operations.

It follows two months of negotiations after local news sites had demanded payment for the privilege of letting the search giant display their links.

The French government had threatened to tax the revenue Google made from posting ads alongside the results.