Why some US Republicans want to punish Australia over new charges for tech giants
Douglas Rissing/Getty Earlier this month, the federal government passed laws to encourage tech giants to pay Australian news businesses for journalism. This is known as the News Bargaining Incentive. For companies earning A$250 million or more in annual Australian digital advertising revenue (likely to include Meta, Google and TikTok), the scheme imposes a 2.75% charge on this revenue. That’s unless they have entered into commercial agreements with Australian media, to fund them directly. I’ve…
Where: Australia, United States, United Kingdom
Exact coordinates
australia: -25.270, 133.780
united states: 37.090, -95.710
united kingdom: 55.380, -3.440
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