US urges Australia to abandon news payment plan for tech giants


The Office of the US Trade Representative called it a ‘burdensome’ plan that will ‘exclusively target’ Google and Facebook ‘without having first established a violation of existing Australian law or a market failure’. — AFP

SYDNEY: The United States has urged Australia to abandon its plan to force Google and Facebook to pay media outlets for their news content, saying there could be “long-lasting negative consequences” for consumers and companies.

Australia wants to force the US tech giants to pay local media organisations for hosting news content or face millions of dollars in fines, in one of the most aggressive moves globally to check their power.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Australia

   

Next In Tech News

Emerson proposes to acquire remaining shares of AspenTech at $240 apiece
Data analytics firm Palantir jumps as AI boom powers robust software adoption
Tax fraud investigators search Netflix offices in Paris and Amsterdam, says source
Singapore's Keppel to buy Japanese AI-ready data centre
Tesla increases wages for staff at German gigafactory by 4%
Apple explores push into smart glasses with ‘Atlas’ user study
Japan's Kioxia sees flash memory demand almost tripling by 2028
Hacker gets into woman’s email, changes every password, tries to make purchases
Foxconn says Oct revenue +8.59% y/y, Q4 outlook good
Want to help a friend find love? Give a PowerPoint presentation

Others Also Read