https://www.live-feeds.com/feed/australia-passes-law-to-levy-tech-giants-that-fail-to-pay-for-local-newsContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/australia-passes-law-to-levy-tech-giants-that-fail-to-pay-for-local-newshttps://www.live-feeds.com/feed/australia-passes-law-to-levy-tech-giants-that-fail-to-pay-for-local-news#u45910Fri, 21 Aug 2026 11:26:32 +0000Australia's parliament has passed a law requiring tech giants to pay for local news content. The law aims to give Australian journalism a 'sustainable footing'. The legislation orders social media platforms to pay taxes on news usage. The move has been met with opposition from some quarters, with Trump allies labeling it a 'shakedown'.Why it mattersThe law is part of a global effort to regulate tech giants and ensure they fairly compensate news providers. Australia is the first country to implement such a law, which could set a precedent for other nations. The law&#039