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)

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Christine Chen / Reuters:
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 …

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