Source: Seattle Times
“Australia has proposed taxing digital giants Meta, Google and TikTok a proportion of their revenue to pay for news reporters. The government released draft legislation Tuesday it intends to introduce to Parliament by July 2 that would create a financial incentive for the social media companies to strike deals with news organizations to pay for journalism. The platforms’ criticisms included that the proposal was a ‘digital services tax’ that misunderstood the evolving advertising industry and would fail to deliver a sustainable news sector.” (04/28/26)