Australia to force tech giants to pay for news media

Summary

Australia proposed new rules requiring tech giants like Meta, Google, and TikTok to pay Australian media outlets for news content on their platforms.

Starting January 2025, companies earning over AU$250 million annually in Australia must either negotiate agreements with publishers or face taxes.

The policy aims to support journalism and ensure media organizations receive fair compensation.

Critics like Meta argue the rules misunderstand platform dynamics, as most users don’t visit for news.

This follows Australia’s broader efforts to regulate big tech, including bans on underage social media use and penalties for disinformation.