Australia passes the News Bargaining Incentive, which will tax tech giants 2.5% on their Australian ad revenue unless they strike deals with local news media (Christine Chen/Reuters)

Techmeme — Aug 20, 11:15 AM

https://www.techmeme.com/260820/p15#a260820p15" title="Techmeme permalink">http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /> Christine Chen / http://www.reuters.com/">Reuters:

https://www.reuters.com/legal/litigation/australia-passes-law-levy-tech-giants-that-fail-pay-local-news-2026-08-20/">Australia passes the News Bargaining Incentive, which will tax tech giants 2.5% on their Australian ad revenue unless they strike deals with local news media — Australia passed legislation on Thursday that will force tech giants to pay millions of dollars in levies if they fail …