News Act in Australia
Australia plans new rules to force Google, Meta to pay news outlets
The Australian government plans to introduce a new model requiring digital platforms, including Meta and Google, to pay for Australian news content. The model will apply to platforms with Australian revenues of more than $250 million. This will force digital platforms to either pay for news content or face a tax bill. The tax bill is expected to be significant, potentially amounting to millions of dollars. The consultation on the level of the charge is scheduled for 2025.
TL;DR (Meta-Llama-3.1-8B + RAG)
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