Google said it’s within reach of negotiating a compromise on legislation that would force it to pay for Australian news, as the US giant continues a public campaign to get the proposed law watered down.
The Australian government has drafted a world-first code to make Google and Facebook Inc compensate publishers for the value their stories generate for the platforms. The law is designed to support a local media industry, including Rupert Murdoch’s News Corp, that has struggled to adapt to the digital economy.
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