Brisbane Times
·general
·3 hours ago
Albanese unveils draft laws forcing tech giants to pay for local news
Australian Prime Minister Anthony Albanese unveiled draft laws on Tuesday that mandate tech giants like Meta and Google to pay up to $250 million if they do not engage in local journalism deals. The new tax, worth 2.25 percent of revenue, aims to support media firms based on journalist employment, countering growing concerns about media funding and tech firms' influence.
Summary by Glance · Brisbane Times
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