Two major lobby groups representing US tech giants say the News Bargaining Incentive is the latest policy that could dampen investment in Australia.

Two major lobby groups representing US tech giants say the News Bargaining Incentive is the latest policy that could dampen investment in Australia.

In new draft laws, social media companies, including Meta, Google and TikTok will first be given a chance to strike content deals with local news publishers, and if they refuse,…

The draft laws have been designed to stop social media companies from simply stripping news from local publishers' platforms.

SYDNEY, June 4 : Meta accused Australia of violating a free trade agreement with the U.S. by proposing a new tax on certain tech giants which do not strike licensing deals with…

Tech giant Meta on Thursday attacked Australia's "grossly unfair" bid to make social media companies pay for news, saying it is vehemently opposed to the draft laws. " this law is…

Tech giant Meta criticises the Australian government's plan to make social media companies pay for news, calling it a "grossly unfair" and "discriminatory tax".

Meta said a proposal to tax platforms 2.25% of all Australian revenue, including revenue unrelated to social media, was “indefensible”

Meta accused Australia of violating a free trade agreement with US by proposing a new tax on tech giants, Australian govt. remains firm, provoking trade action. | World News

Meta says Australia’s proposed 2.25% News Bargaining Incentive breaches the US-Australia FTA and could draw a US trade response.

The Albanese government wants to force Google, Meta and TikTok to pay 1.5 per cent of their Australian revenue to news outlets. But how much do they make?

Tech giants claim Australia’s free trade agreement with US will be violated as they try to kill a proposal to force them to pay news companies