LinkedIn Exempted from Australia's Big Tech News Pay Plan

0:00Australia's government is rolling out a new plan to make big tech pay media companies for using their news content, but Microsoft owned LinkedIn looks. Set to dodge it entirely, the scheme targets platforms with over $250 million in yearly revenue from social media or search services. They'd either cut commercial deals or get slapped with attacks about 1.5% of their revenue, or 2.25% if they refuse. Half legislation could drop in the next 10 days, giving media outlets a push to negotiate with heavy weights like meta, Google, and TikTok. Microsoft has long back similar news bargaining ideas here, with his bosses praising the principle of sharing value from journalism that boosts. Their platforms. Reactions are mixed, especially since LinkedIn runs a news tab, curates headlines with its own Aussie team and pushes stories right into users. Feeds Critics like former competition watchdog chair Rod Sims call the exclusion weird, noting

1:00LinkedIn acts like a news hub. Google has pointed out folks get news from spots like Microsoft too, while meta fights the whole thing, claiming they drive traffic to publishers for free. Microsoft's Australian business raked in $7.5 billion last year, so skipping this could save them up to $168.75 million. Google holds the only big active deals right now, supporting over 226 outlets, but many packs expire soon, ramping up the pressure. This move aims to plug gaps left when meta ditch news last year, ensuring journalism gets funded as AI tools and platforms keep gobbling up. Content keeping the conversation alive, down under. We've been listening to Sydney News today, AI-powered local news.