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Australia to tax tech giants unless they pay news publishers

Australia is moving to tighten the screws on the world’s biggest tech companies, unveiling draft laws that would tax Meta, Google and TikTok unless they voluntarily reach payment agreements with local news publishers. The proposal lands as traditional media organisations worldwide fight to stay afloat while audiences increasingly turn to social media for headlines, updates and breaking news. Canberra’s position is straightforward: if major digital platforms share articles that help draw users to their services, local…