Australia forces Big Tech firms to pay for news or face a 2.25% tax

Australia is getting serious about making Big Tech pay for news. The country’s government unveiled draft legislation on Tuesday that would require companies like Meta, Google, and TikTok to pay for the journalism they aggregate or reshare, or face a levy on their local revenues.

Communications Minister Anika Wells said at a press conference today: “People are increasingly getting their news directly from Facebook, from TikTok, and from Google.”