Australia hikes levy for tech giants that fail to strike local news deals
Australia's government has raised a planned levy on tech giants. This charge will apply if they fail to reach news deals. The levy now stands at two point five percent of advertising revenue. This measure aims to support local journalism and news outlets. New laws are expected when parliament resume
The Bharath News1 min readSource: ET Jobs
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Australia's government has raised a planned levy on tech giants. This charge will apply if they fail to reach news deals. The levy now stands at two point five percent of advertising revenue. This measure aims to support local journalism and news outlets. New laws are expected when parliament resumes sitting this month.
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