Australia aims to tax tech giants unless they pay news outlets

Australia aims to tax tech giants unless they pay news outlets


The draft laws have been designed to stop the tech giants from simply stripping news from their platforms; something Meta and Google have done overseas in the past [File]

The draft laws have been designed to stop the tech giants from simply stripping news from their platforms; something Meta and Google have done overseas in the past [File]
| Photo Credit: REUTERS

Australia unveiled draft laws on Tuesday that will tax tech giants Meta, Google and TikTok unless they voluntarily strike deals to pay local outlets for news.

Traditional media companies the world over are in a battle for survival as readers increasingly consume their news on social media.



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