Australia passes law to levy tech giants that fail to pay for local news

Australia passes law to levy tech giants that fail to pay for local news

The ⁠levy applies to Meta, Alphabet’s Google, TikTok ⁠and Microsoft’s LinkedIn, covering companies with a “significant” social media or search service in Australia, and local advertising revenue exceeding A$250 million ($178 ​million)

Original Source

Read the full article at Thehindu →

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